Tuesday, February 19, 2008

Gates:Microsoft Not Negotiating Higher Buyout Offer For Yahoo - WSJ.com

A time for big decisions

Microsoft Corp. (MSFT) is not privately haggling with Yahoo Inc. (YHOO) over the software maker's rejected $31-per-share buyout offer for the slumping Internet pioneer, Bill Gates said in an interview.

"We sent them a letter and said we think that's a fair offer. There's nothing that's gone on other than us stating that we think it's a fair offer," the Microsoft chairman said Monday. "They should take a hard look at it."

Article - WSJ.com

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