Microsoft Won't Pay More For YahooCategory: Internet, General News
Posted: April 1, 2008 09:46AM
This story has been running for a while now, ever since MS made an offer to buy out Yahoo back at the beginning February (yes it was that long ago). While it may have been relatively interesting at that point (providing you are into company mergers), it has now essentially reached the point of a staring contest with many waiting to see who will blink first. Microsoft seem to now be adamant that they will not be upping the offer, which Yahoo had previously said undervalued the company. So that would leave Yahoo in the position of coming to a final decision, which could be difficult one, especially if it continues to struggle as it has been. I wouldn't be surprised if it took another month or more before we find out which way this story will end up going.