Saturday, May 03, 2008

Higher Offer by Microsoft Brings Yahoo to Table - New York Times

Higher Offer by Microsoft Brings Yahoo to Table - New York Times:
"According to the people involved in the talks, Microsoft suggested it was willing to pay more than $33 a share. Yahoo is still holding out for at least $37 a share, these people said. These people were not authorized to speak publicly because the negotiations were confidential."
Will it work? Who knows, but the article does include this forecast:
"But a deal was still far from certain. A person involved in the discussions said the chances of a friendly deal being reached were “still no better than 50-50.”"

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