Microsoft Drums Its Fingers on the Table While Yahoo Sweats

Despite widespread belief it would dig deeper into its pockets if necessary to land Yahoo, Microsoft has no plans to sweeten its offer for the Web portal, according to published reports.Microsoft sees no reason to boost its bid at this time, The Wall Street Journal reported Tuesday, citing unnamed sources close to the company.The software giant may consider offering a higher price if Yahoo agrees to direct talks on a merger, the newspaper reported, a tactic meant to open a dialogue that has yet to occur. Though the two sides reportedly met once, the talks did not focus on deal terms and were instead meant to give Microsoft a chance to assure Yahoo of its future plans for the combined entity.
ecommercetimes.com/story/Microsoft-Drums-Its-Fingers-on-the-Table-While-Yahoo-Sweats-62397.html

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