Microsoft to Pay More for Yahoo!

Posted by Harshil Karia on May 1st, 2008.

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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One Response

    LosAngeles Says:

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

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