Microsoft Meets with Yahoo to Make Its Case
The WSJ is reporting that execs from Microsoft met with Yahoo in an effort to convince the company to accept their unsolicited bid.
Still, the meeting wasnt a negotiation, and no bankers attended, these people said. The session was intended to allow Microsoft to present its vision of a combined company, and Yahoo executives mostly listened, one of the people said. No further talks have been scheduled.”
Does this mean Yahoo is getting ready to accept the offer from Microsoft? Dont hold your breath. Yahoo is holding similar meetings with News Corp, Time Warner, and Dow Jones and the WSJ cant even confirm if Yahoos Jerry Yang or Microsofts Steve Ballmer were in attendance.
What do you think? Is this a sign Yahoos ready to consider Microsofts bid?
Source: internet Financial News