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.
SubscribeMay 2, 2008 1:53 PM
Microsoft, Yahoo negotiating, according to anonymous reports
Posted by Benjamin J. Romano
We have not been able to independently verify reports in The Wall Street Journal and New York Times this afternoon that Yahoo and Microsoft are back at the negotiating table.
The stories rely on anonymous sources "involved in the discussions" or "familiar with the matter" -- likely some of the same people -- and make the following points:
-- Talks have intensified today, as the sides try to find a friendly deal and avert a hostile takeover by Microsoft.
-- A deal is not imminent; the talks could disintegrate, as they have in the past; no announcement is expected today.
-- The two sides remain separated by price, but the gap is only a few dollars a share (which is several billion dollars in total). Reports suggest Microsoft could raise its price to $33 a share, while big holders of Yahoo stock want $35 to $37 a share.
A Microsoft spokesman had no comment on any of the reports.
The markets took the rumors into account Friday, bidding Yahoo shares up 6.9 percent, $1.86, to $28.67. Microsoft shares shed 16 cents to $29.24.
Digg
Newsvine
UPDATE - 11:32 AM
Recently listed
Popular searches
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
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos
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: |
- Suspect in officer's slaying shot by police
- Suspect shot as city mourns slain officer
- Mourners gather at KeyArena for slain officer's memorial
- Thunder and lightning again lighting up sky
- Datsun 210 sought in police shooting
- Voters expand same-sex rights
- McGinn pulling away as late ballots come in
- Details emerge about Fort Hood suspect's history
- McGinn vote tally inches up in Seattle mayoral election
- Police: Fla. shooting suspect was angry at company
- Recipe: Penne with Smoked Turkey Sausage
- Suspect shot as city mourns slain officer
- Suspect in officer's slaying shot by police
- Nancy Leson | An elegant offshoot of Seattle's Wild Ginger in Bellevue
- Voters expand same-sex rights
- Tim Lincecum charged with misdemeanor possession
- Thunder and lightning again lighting up sky
- Green River Valley: Anxiety ebbs over flooding potential
- Shoreline man killed when struck by falling tree part
- Do It in a Day | Spend a cozy, homey day in Edmonds
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 |
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.