Microsoft Pri0
Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times reporter Sharon Chan.
SubscribeApril 6, 2008 9:26 PM
Reuters source: Yahoo readying retort, wants Microsoft to pay more
Posted by Benjamin J. Romano
The quiet from Sunnyvale this weekend was broken late tonight. A person familiar with the matter told Reuters that Yahoo is not against selling to Microsoft once the price is right.
Reuters reports that Yahoo is planning to send a response Monday to Microsoft CEO Steve Ballmer's weekend letter in which he gave Yahoo's board three weeks to negotiate an agreement or face a hostile takeover.
According to Reuters' source, the letter will say that Microsoft needs to raise its $31-per-share offer. It will also counter Microsoft's assertions that Yahoo's business is suffering. Microsoft has made clear its case against raising its bid. This could set up a standoff to be settled in two weeks when Yahoo must reveal the true status of the company as part of its first quarter earnings report.
Digg
Newsvine
UPDATE - 6:30 AM
Recently listed
Popular searches
general classifieds
Garage & estate salesFurniture & home furnishings
Electronics
just listed
More listings
POST A FREE LISTING
- Fasting woman to end attempt to ‘live on light’
- ‘I don’t want to be only person cured of HIV’
- Reporter who broke story on Gen. McChrystal dies in crash
- 2 charged with stealing 4.3 miles of copper wire from Sound Transit
- Man charged with tossing wife off cruise ship
- O’Bannon case could change NCAA landscape
- It’s curtains for Seattle’s Egyptian Theatre
- Most Americans hate their jobs or have 'checked out,' Gallup says
- Motel pool heater that killed 3 was replaced without permit
- Less than month after collapse, temporary I-5 bridge is finished
- Game thread: time for Mariners to surprise people
530 - Justin Smoak tries to save Mariners, reputation of young 'core' 95
- Justin Smoak appears headed up to rejoin reeling Mariners 94
- Taxi drivers stage a protest parade 91
- Woman trying to ‘live on light’ instead of food ends experiment 78
- Most hate their jobs or have ‘checked out,’ Gallup says 55
- A choice to be single in Seattle 51
- $231 million revenue jump could help break state budget stalemate 45
- Karzai: Afghan troops take lead to secure country 42
- ‘I don’t want to be only person cured of HIV’ 41
- Most Americans hate their jobs or have 'checked out,' Gallup says
- It’s curtains for Seattle’s Egyptian Theatre
- ‘I don’t want to be only person cured of HIV’
- Fasting woman to end attempt to ‘live on light’
- One tough old bird rules the parking lot
- 2 charged with stealing 4.3 miles of copper wire from Sound Transit
- Foodie secrets of Florida’s ‘Redneck Riviera’ are worth the quest
- Mastros defend their actions, plan to ‘retire in peace’
- Ride-share cars: illegal, and all over Seattle
- Report: Too many teachers, too little quality
May
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
| 1 | 2 | |||||
| 3 | 4 | 5 | 6 | 7 | 8 | 9 |
| 10 | 11 | 12 | 13 | 14 | 15 | 16 |
| 17 | 18 | 19 | 20 | 21 | 22 | 23 |
| 24 | 25 | 26 | 27 | 28 | 29 | 30 |
| 31 |