Linked by Thom Holwerda on Sun 18th May 2008 20:42 UTC
When Microsoft said it withdrew its offer to buy Yahoo earlier this month, many people figured the acquisition dance was far from over - that the withdrawal and the subsequent letter from Microsoft CEO Steve Ballmer to his Yahoo counterpart were nothing more than a move in an ongoing strategic battle. It appears those people were right, as Microsoft just issued a statement regarding Yahoo.
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Microsoft is considering and has raised with Yahoo! an alternative that would involve a transaction with Yahoo! but not an acquisition of all of Yahoo!
If there could ever be a prize for the more vague and puzzling business announcement, this one would win hands down. This Microsoft-Yahoo dance is becoming a mystery.
Member since:
2007-05-20
If there could ever be a prize for the more vague and puzzling business announcement, this one would win hands down. This Microsoft-Yahoo dance is becoming a mystery.