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MICROSOFT / YAHOO: Microsoft will consider fresh Yahoo bid
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You are currently in Business and Industry in Gaming, Media, Web, IT and Computing
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Wed May 21, 2008 9:59 am Reply and quote this post
Microsoft has confirmed it is stilllooking to acquire Yahoo, following the battle against Carl Icahn’splan to replace the entire board.



Microsoft’s decision to walk away from a bid for Yahoo prompted huge controversy and Icahn’s decision to try to oust the board– and it appears that, in what appears to be a study of big-businessbrinkmanship, both companies are now ready to return to the table.
Developments
Microsoft’s statement, released "in light of developments"read:"[Microsoft] is not proposing to make a new bid to acquire all ofYahoo at this time, but reserves the right to reconsider thatalternative".
Although this is ostensibly a tentative statement, the intent isclear, and it appears Yahoo’s opposition to the takeover has beenslapped down by the financial necessities that it faces.  
Overtures
Overtures to other companies – believed to include both Google and Rupert Murdoch’sNews Corp. - have not come to fruition and Microsoft may not get themerger that it believes will make it more competitive on the internet.
Currently Google dominates both search and online advertising, butMicrosoft hopes that a huge merger with one of its other rivals inYahoo will change the game in its favour.

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