According to a report published by Reuters Microsoft is “evaluating” its $42 billion offer for Yahoo.
The comments, suggest Microsoft is considering walking away should Yahoo fail to agree to terms, come on the heels of reports that executives at the two tech titans met this week but failed to reach an agreement on the cash and stock offer.
Microsoft is worried that a slowing economy and changes in Yahoo’s business stand to lower its value.
Yahoo’s top brass is to meet Monday to discuss the situation, CNBC reports.
Would either side be willing to walk away from this deal??
How would Microsoft hope to compete with Google without Yahoo.
Despite reports that Yahoo was been in contact with Time Warner, IAC and other has yet to attract another bidder to buy the company or find another company to enter in a strategic relationship with.
Yahoo has been playing hard to get, trying to get Microsoft to increase its bid.
Microsoft is answering back.
Looks just like a very public negotiation.
What do you think?
On Friday Yahoo stock dropped .87 after the market closed and the report came out.
imo…microsoft has no competition in the deal so they can take a bit of an attitude and to tell you the truth, Yahoo has got it’s butt kicked for years and doesnt have much leverage…they are a content co not really a search co…content is easier to duplicate than search…all imo.
MS isn’t going anywhere. They probably planted the “story” themselves, hoping Yahoo stockholders will put (more) pressure on Yahoo to take their last offer.
If they cut their per share offer, they’ll never get this undervalued Internet jewel.
I agree with Tim Davids. If Yahoo! is such an undervalued Internet jewel, there would be competing offers. At this point in time, it just doesn’t fit well with any other company, but Microsoft could certainly benefit from the enormous reach of Yahoo’s audience.