Saturday, May 03, 2008

Microsoft pulls its Yahoo offer | Beyond Binary - A blog by Ina Fried - CNET News.com

Okay, so maybe it won't happen...

Microsoft is withdrawing its offer for Yahoo after talks between the two companies broke down on Saturday, a source told CNET News.com on Saturday.

Microsoft hiked its offer to $33 a share, but Yahoo was holding out for $37 a share, the source said. The two sides met face to face again Saturday, but remained far apart.

Microsoft pulls its Yahoo offer | Beyond Binary - A blog by Ina Fried - CNET News.com

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