The Microsoft and Yahoo upheavals seem to have settled down, but is it the calm before the real storm?
Yahoo is taking more time than expected to respond to the proposal by Microsoft. Is it waiting for Microsoft to lift the bid and let the transactions close? Is Yahoo turning to Time Warner or not?
According to Mark Mahaney, Citigroup analyst, "We believe that a Yahoo sale to Microsoft -- at a price likely higher than the initial $31 [per share] bid -- is the most likely outcome. While we continue to see no other competing bidders, we believe Yahoo is aggressively pursuing strategic alternatives. One possibility is a tie-up with Time Warner, whereby Time Warner would contribute its online content assets to Yahoo in exchange for a stake. We believe this could serve as a forcing function to a higher Microsoft bid."
While some of the industry watchdogs are suggesting that this is just a gimmick by Yahoo to get a higher bid, the rest simply can not come to terms with the Microsoft & Yahoo marriage.
Subscribe to:
Post Comments (Atom)
2 comments:
To be honest, I believe this is definitely a calm before the storm. It is imminent. We are seeing several signs already.
Care to exchange links? Add me up, http://4ever7.blogspot.com. I've added your blog, hope you can return the favor! Thanks!
i will add your link in my different blog ie http://lalitanegi.blogspot.com as that is my official blog.
If you agree please mail me
Post a Comment