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“Person Familiar With the Matter” Actually Steve Ballmer?

by John Paczkowski
Posted on April 4, 2008 at 4:13 PM PT

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ballmerfists.jpgMicrosoft (MSFT) is really putting the screws to Yahoo (YHOO), isn’t it? Having failed to negotiate a deal in private earlier this week, Microsoft has apparently decided to negotiate it in public–with a little help from the press.

Shares of Yahoo slipped 4.76% to $27.01 in extended trading today, after Reuters reported that Microsoft was re-evaluating its bid. A mysterious “person familiar with the matter” told the publication that the re-evaluation was inspired by concerns that Yahoo’s value may have declined since the initial offer was made Feb. 1.

A little something for Jerry Yang to think about over the weekend, I suppose …

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  • elder norm
    After reading several articles, I can begin to understand why Microsoft wants to buy Yahoo. But I just cannot see how they are doing it efficiently.

    Does everything that Ballmer tries to do, end up like throwing chairs? Expensive and messy??

    And all of that makes me wonder how well MS will handle the transition of Yahoo once they finally buy them. ??????? A mess at best. :-)
  • Joshua Haddick
    Wasn't Steve Balmer the guy who said (paraphrased) "You have to be willing to walk away from a deal"?
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About John

John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »

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