Microsoft | Microsoft, Yahoo elbow each other over buyout offer | Seattle Times Newspaper

Business as usual, in the hostile take-0ver zone...

The letters also contain subtle language each company is using to sway investor opinion and establish a position of strength for eventual negotiations or legal action, merger-and-acquisition experts said.

"We're so used to this," said one Wall Street analyst, who asked not to be named while belittling the rhetoric. "This is like the peacocks have unfurled their feathers and are out dancing around."

Microsoft | Microsoft, Yahoo elbow each other over buyout offer | Seattle Times Newspaper