Sunday, May 18, 2008

Microsoft Yahoo -- the saga continues

"Microsoft is considering and has raised with Yahoo an alternative that would involve a transaction with Yahoo but not an acquisition of all of Yahoo," the statement said. "Microsoft is not proposing to make a new bid to acquire all of Yahoo at this time, but reserves the right to reconsider that alternative depending on future developments and discussions that may take place with Yahoo or discussions with shareholders of Yahoo or Microsoft or with other third parties."

As an interested observer, I bet Yahoo is trying to appease Carl Icahn and other shareholders.....It sure is interesting to watch.

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