Saturday April 26, 2008
Microsoft Could Walk Away from Yahoo Offer
Jeff Gamet
The Mac Observer
The deadline Microsoft gave Yahoo to agree to its buyout offer comes on Saturday, and there is some speculation that Microsoft could simply drop its offer and walk away if the deadline lapses without any word from the Internet search and advertising company. Microsoft's less than stellar quarterly earnings may have left it in a position where buying Yahoo no longer makes sense, according to MarketWatch.
Endpoint Technology Associates analyst Roger Kay thinks that Microsoft now has to sort out complex financial issues, and that dropping its unsolicited Yahoo buyout offer may be one of the company's options. He noted that CEO Steve Ballmer may be "getting heat from inside."
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