Saturday, May 3, 2008

MICROSOFT DROPS YAHOO BID

Business Week article here.

Wall Street Journal article here.

Where does Microsoft go from here?
If this acquisition was a key part of the strategy how can they walk away?

OPINION
Right now I am guessing that Yahoo was pressing to maximize the price they received. Microsoft has essentially called that bluff. This deal, if it is going to happen will occur early next week.
Yahoo will send feelers back to Microsoft and a deal will happen.

Could be completely wrong on this. The egos involved are too big to let this situation look like a disaster.

What do you think?

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