All Things Digital

Skip to main content.

“Person Familiar With the Matter” Actually Steve Ballmer?

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 …

Comments

  1. 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. :-)

    Posted by elder norm at April 6th, 2008 at 12:50 pm
  2. Wasn’t Steve Balmer the guy who said (paraphrased) “You have to be willing to walk away from a deal”?

    Posted by Joshua Haddick at April 7th, 2008 at 9:18 am

Add a Comment

You must be logged in to post a comment. Sign up here or log in below.

Comments posted on this site must be signed with your full, real name. Please see our Comments policy for details.

Latest Digital Daily Posts

Digital Daily Archives »

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 »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

Read more »

alt.misc

Older at alt.misc »