Microsoft Shows Gains/ Weaknesses; Considers Hostile Yahoo Bid or Buying Someone Else

Microsoft’s pursuit of Yahoo may have run into some bumps, but its big software business is humming along smoothly.The company reported quarterly earnings Thursday that slightly surpassed Wall Street’s expectations, and it provided an optimistic outlook for its 2009 fiscal year, which begins in July.
http://www.nytimes.com/2008/04/25/technology/25soft.html
http://iht.com/articles/2008/04/24/technology/24cndsoft.phpMicrosoft considers hostile bid for Yahoo!
Microsoft, the world’s biggest software maker, is considering launching a hostile bid for Yahoo as early next week if Yahoo does not begin talks soon, chief financial officer, Chris Liddell, said yesterday after the world’s biggest software maker reported an 11 per cent drop in its third-quarter profit to $4.39 billion.
http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article3812281.eceMicrosoft’s New Threat to Yahoo: We’ll Buy Someone Else
Microsoft made one thing clear on its conference call with investors this afternoon: We tech bloggers don’t have to work this weekend.Otherwise, it offered a cliffhanger. Next week Microsoft will announce whether it will take its bid for Yahoo to its shareholders or drop it entirely.
bits.blogs.nytimes.com/2008/04/24/microsofts-new-threat-to-yahoo-well-buy-someone-else/Microsoft Presses Yahoo on Deal
Microsoft yesterday reported strong quarterly earnings and warned that there is no reason to raise its bid for Yahoo and that “speed is of the essence” for completing a deal.
www.washingtonpost.com/wp-dyn/content/article/2008/04/24/AR2008042402481.htmlFinal threat: Microsoft ready to get hostile [Reuters]
Microsoft gave Yahoo no hope of a higher takeover price, saying it was ready to go hostile or even call off its bid if Yahoo maintains “unrealistic expectations” of a better deal.
http://www.nzherald.co.nz/section/story.cfm?c_id=5&objectid=10506215Microsoft: Yahoo ‘unrealistic’; Deadline stands; Quarter mixed
Microsoft CFO Christopher Liddell said Thursday that Yahoo had “unrealistic expectations” about the price it could fetch and reiterated the software giant could walk away from the deal.
http://blogs.zdnet.com/BTL/?p=8604

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.