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Microsoft, No Reason To Raise The Bid For Yahoo: Sources

     
3:10 pm on Apr 1, 2008 (gmt 0)

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Microsoft Corp sees no reason to increase its bid for Yahoo Inc, two months after it made a $44.6 billion offer to buy the Internet company, people familiar with Microsoft's plans said on Monday.

"Why would Microsoft bid against themselves? The company sees no reason to bid against itself," one of the people said.

The people requested anonymity because they are not authorized to speak on behalf of the company.

A Yahoo spokeswoman declined to comment.

Microsoft, No Reason To Raise The Bid For Yahoo: Sources [reuters.com]

6:51 pm on Apr 1, 2008 (gmt 0)

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Usual softening up tactics.

I've seen similar where Yahoo! 'insiders' are "apparently" suggesting that the company is being seriously undervalued.

They're all lying PR company juniors, doing what they're told.

it is a tale told by an idiot, full of sound and fury, signifying nothing

[edited by: Quadrille at 6:52 pm (utc) on April 1, 2008]

 

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