Friday, April 04, 2008

Microsoft, Yahoo Hold Meetings -


Microsoft Corp. and Yahoo Inc. senior executives met this week to discuss Microsoft's proposal to acquire the Internet company but failed to resolve any of their differences, according to people familiar with the matter.


The Microsoft executives showed no willingness to raise their cash-and-stock offer, and the Yahoo camp continued to refuse to enter formal negotiations without a sweetened bid, people familiar with the matter say.

Meanwhile, seeing stories about high-level departures at Yahoo!, I'm starting to think perhaps this offer will time-out...

Microsoft, Yahoo Hold Meetings -

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