Tuesday, April 01, 2008

Microsoft Unlikely to Raise Yahoo Offer - WSJ.com

Update on this story (which did happen to be an essay question on the first MBA test ;))
Microsoft Unlikely to Raise Yahoo Offer - WSJ.com: "Microsoft Corp. is preparing to lay a long siege.

Two months after Microsoft made its $44.6 billion offer to acquire Yahoo Inc., the software maker has no plans to raise its bid, people close to the company say.

Such pronouncements are standard in deal negotiations but people close to Microsoft insist the stance isn't posturing. While speculation has swirled that Microsoft was poised to raise its bid, Microsoft is instead biding its time."

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