delta 777

Microsoft/Yahoo Drama and Investing in Google

Yahoo again exhibits the same mentality
...as when they refused to consider the ideas of Brin&Co
...as when they revised their finance message board format
...Again shows that involvement in a mismanaged company is a guaranteed loser...

Ballmer to Yahoo: Feudalism Is Dead

Whatever the price is, I can't see where delay is of any help to either company, in fact it is costly to both..
I suspect that if Yahoo had accepted Microsoft's initial offer, (or had made an immediate firm and reasonable small counteroffer) the time value would have made up for any sweetening of the offer that might be reasonably expected.
Yahoo's pimping itself out to other "clients" certainly did not strengthen their bargaining position.
The current economic situation is not one that favors long and drawn out negotiations.
Ultimately if Microsoft still sees it in their best interests to acquire Yahoo, they will prevail, and at Microsoft's price.
Yahoo has not been known for brilliant decisionmaking at the highest level...witness the origins of Google....