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Microsoft Getting Yahoo Cold Feet?

I have written many newsletter items and even a full-fledged editorial arguing that Yahoo isn't worth nearly $44 billion, and buying it is a backward move for Microsoft.

Maybe Microsoft read some of this stuff or is just getting cold feet. At the very least, Microsoft is reportedly wondering if Yahoo is worth the original bid or if the bean counters from Redmond should knock it down a few bills.

Late last week and over the weekend, Microsoft pressed Yahoo to accept its offer or else suffer through a proxy fight, hinting that the final price might be lower. So what does a slumping Yahoo do? It argues that it's worth more than Microsoft's offer!

If I were Microsoft, I'd forget the whole thing and spend all that dough on inventing new technologies.

Posted by Doug Barney on 04/07/2008 at 1:15 PM


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