Microsoft to Pay More for Yahoo!

By Harshil Karia • May 1, 2008

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Microsoft this week indicated a willingness to raise its bid to as much as $33 per Yahoo share (from the original $31), attempting to avoid the hostile takeover battle Mr. Ballmer had threatened, according to people with knowledge of the situation.

This comes as a surprise because all of last week, Microsoft has been saying that they will not raise the bid.

$33 may not be enough because insiders claim that Yahoo! wanted anything from $35 - $37 per share.

You can read our analysis Microsoft-Yahoo-Google : Kuchh Kuchh Hota Hai

Microsoft had issued a deadline for Yahoo to act on the offer till April-26, this month.

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Categories: International
Tags: Microsoft, Takeover Bid, yahoo

About the Author

Harshil Karia

Harshil is one of the Executive Directors at FoxyMoron. Often known as the 'Constant Observer', Harshil's interest lies in New Digital Media, Social Media, Web 2.0 and the Internet in general. He believes strongly in the utilitarian power of the Internet and watching that power take shape fascinates him to a large extent. He is dabbling with design enhancement as well. He pens down his thoughts on BeFoxy as well where he brings forth tools, tricks, and important 'how to' guides on being 'Foxy'. Follow him on Twitter - http://www.twitter.com/harshilkaria

One Response to “ Microsoft to Pay More for Yahoo! ”

LosAngeles May 20th, 2008 at 8:45 am

Assuming either the Left Wing or the Right Wing gained control of the country, it would probably fly around in circles.