http://blogs.reuters.com/mediafile/2008/04/01/yahoo-microsoft-game-of-chicken-continues/ Where media and technology meet Mon, 09 Nov 2009 22:55:05 +0000 http://wordpress.org/?v=2.6.2 http://blogs.reuters.com/mediafile/2008/04/01/yahoo-microsoft-game-of-chicken-continues/#comment-338611 NewsVisual Tue, 01 Apr 2008 20:46:10 +0000 http://blogs.reuters.com/mediafile/2008/04/01/yahoo-microsoft-game-of-chicken-continues/#comment-338611 Despite a report in Tuesday’s Wall Street Journal claiming that talks had broken off over the proposed buyout, Microsoft Corp and Yahoo! Inc could still be conducting back-channel negotiations in order to resolve their differences. The Journal suggests that while Microsoft will tenaciously adhere to its initial bid of $44.6 billion, it will be prepared “to lay a long siege” against Yahoo until the California company relents and accepts the software titan’s original offer. "While speculation has swirled that Microsoft was poised to raise its bid, Microsoft is instead biding its time. The software giant likely hopes to use the potential of a sweetened offer to lure Yahoo into serious discussions. So far the two sides have only had one meeting," The Journal said in the article. Yet this report discounts the notion that behind-the-scenes talks among the two companies’ Directors could be ongoing. Despite a report in Tuesday’s Wall Street Journal claiming that talks had broken off over the proposed buyout, Microsoft Corp and Yahoo! Inc could still be conducting back-channel negotiations in order to resolve their differences. The Journal suggests that while Microsoft will tenaciously adhere to its initial bid of $44.6 billion, it will be prepared “to lay a long siege” against Yahoo until the California company relents and accepts the software titan’s original offer. “While speculation has swirled that Microsoft was poised to raise its bid, Microsoft is instead biding its time. The software giant likely hopes to use the potential of a sweetened offer to lure Yahoo into serious discussions. So far the two sides have only had one meeting,” The Journal said in the article. Yet this report discounts the notion that behind-the-scenes talks among the two companies’ Directors could be ongoing.

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