Carol Bartz is worth every penny. In a very short period of time, she has re-engineered a sagging shell of its former self into something compelling for Yahoo investors again. And as the company prepares to release its earnings tonight after the bell, I'm not ready to proclaim "game-over," but I am willing to bet "Yahoo's finally in the game again."
Microsoft's take-out play for Yahoo is a stunning move by the world's largest software maker, even though rumors of a deal have been swirling for the better part of a year. The 62 percent premium Microsoft is willing to pay for Yahoo, valuing the deal at a shade under $45 billion, shows just how serious--and just how frustrated--Microsoft has become with Yahoo.
Let the campaigning begin: Microsoft hosted a conference call with the Street and media this morning to talk over its $45 billion dollar hostile bid for Yahoo, making its case not just to Microsoft and Yahoo investors, but to Yahoo employees who might feel tempted to make a bee-line for the exits.
Much like Microsoft's attempt to scuttle Google's bid for DoubleClick last year, Google is preparing a team of lobbyists to block or delay Microsoft's planned buyout of Yahoo.
Microsoft stock is heading south with the market, but it's also under pressure because the street clearly expects it to up the ante in its bidding for Yahoo! Yahoo! today didn't slam the door on a Microsoft deal when it issued a terse release on the offer
Microsoft sees no reason to increase its bid for Yahoo, two months after it made a $44.6 billion offer to buy the Internet company, people familiar with Microsoft's plans said on Monday.
Amid the news that Microsoft spacer won't raise its bid, and therefore Yahoo spacer won't discuss a deal, there's word now that Microsoft may walk from the deal all together. Hmmmm, can you say saber rattling? The suggestion of a Microsoft walk-away made headlines...