02
Apr
Microsoft Not Increasing Bid Offer for Yahoo
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Microsoft, two months since their initial bid for Yahoo! are still sitting quietly. Much speculation as to whether or not they would increase their bid has taken place, yet no actions have been set yet.
Microsoft’s team of strategists believe that time is helping them, as they argue that the recent Yahoo! roadshow failed to dazzle investors and nothing displayed would justify an increased price.
The strategists also state that the current economic downturn will be working in their favour for the acquisition of Yahoo!.
Imagine this: Microsoft successfuly buy Yahoo!. Nine Network own a part of MSN in Australia. Yahoo! own a part of Channel 7. That would be the first time that a single company would own parts in two competing stations. Tricky!
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