Will Microsoft go for a hostile takeover or just back away? The deadline has passed with no deal and Microsoft didn't spell it out either way. "Unless we make progress with Yahoo towards an agreement by this weekend, we will reconsider our alternatives. We will provide updates as appropriate next week, these alternatives clearly including taking an offer to the Yahoo shareholders, or to withdraw our proposal and focus on other opportunities, both organic and inorganic," CFO Chris Liddell said when Microsoft released its 3Q earnings.
No deal from Yahoo in the works
Submitted by Anonymous on Sun, 04/27/2008 - 9:22pm
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