Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Business / Technology


Our network sites seattletimes.com | Advanced

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.

E-mail Sharon| RSS feeds Subscribe | Blog Home| Brier Dudley's Blog

April 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 Digg | Newsvine Newsvine

Submit a comment

*Required Field



Type the characters you see in the picture above.

Recent entries

Jul 1, 08 - 11:45 AM
Microsoft buying natural-language search company Powerset

Jun 30, 08 - 05:16 PM
Report: Microsoft to cut Xbox 360 price ahead of big industry event

Jun 27, 08 - 03:52 PM
Gates send-off: Gates has had Ballmer's back from the beginning

Jun 27, 08 - 01:09 PM
Gates send-off: Photos

Jun 27, 08 - 11:48 AM
Gates send-off: Two guys and 90,000 employees

Advertising

Marketplace

nwautos

2009's most fuel-efficient sedansnew
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment

Open Houses

Find this weekend's open house listings.
Or search by location:

Advertising

Advertising

Categories
Calendar

July

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    
Browse the archives

July 2008

June 2008

May 2008

April 2008

March 2008

February 2008

Bill Gates: His Legacy, His Future

Bill Gates

Bill Gates, who last week ended his full-time involvement with Microsoft, was often right. He made a career, a company and an industry by looking over the horizon.

From the tech blogosphere

More on Microsoft from the Seattle Times

Advertising

Buy a link here