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 - 10:02 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
shopping
events for Sunday, Jul. 5th
- Posh on Main Semiannual Sale
- REI Summer Sale and Clearance
- Jaxx Boutik Summer Sale
- Evo Independence Sale
editors' picks
More shopping guides
- Plasma and LCD beware; OLED screens ready to go mainstream
- Former NFL MVP McNair killed
- Palin takes to Web for hints of political future
- Russell Branyan, Mariners fight off the Red Sox
- Fourth of July festivals and fireworks in Seattle, the suburbs and beyond
- The Blotter | Man pistol-whipped after argument at nightclub
- Desert-lobster dispute turns pair into sagebrush heroes
- Close-up | Prison guards intercept carrier pigeon with a cellphone
- Woman accuses Sounders FC player Nate Jaqua of sexual assault, seeks more than $10 million
- Rob Johnson's double in 11th powers Mariners past Red Sox, 7-6
- Plasma and LCD beware; OLED screens ready to go mainstream
- Merchant Marine veterans fight for recognition
- Property taxes: Appeals shoot up in King, Snohomish Counties
- Close-up | Prison guards intercept carrier pigeon with a cellphone
- Pre-grill drill: marinate steaks
- Lake Washington's sockeye run may hit a record low
- Amtrak cleared for 2nd daily train to Vancouver, B.C.
- Concert Review | Green Day blasts off 4th weekend with KeyArena show
- Hard times for tourist towns means good deals for travelers
- Yakima teacher reprimanded for sending 5-year-old student home with bag of feces in backpack
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.