BizJournals Portfolio
Apr 25 2008 12:00am EDT

Microsoft to Yahoo: "Why I Oughta..."

Microsoft has spent the past month threatening to punch Yahoo right in the kisser, and now it seems to be threatening to walk away from the fight entirely.

"As outlined in our recent letter to the Yahoo board, unless we made progress with Yahoo towards an agreement by this weekend, we will reconsider our alternatives," Microsoft's chief financial officer, Chris Liddell, said late Thursday. "These alternatives clearly include taking an offer to Yahoo shareholders or to withdraw our proposal and focus on other opportunities."

So Microsoft is giving itself an out. Maybe it's rethinking whether it actually wants Yahoo. And if Microsoft walks away now, Yahoo's stock will go through the floor. Then what is Yahoo going to do? Maybe some of Terry Semel's Hollywood friends can figure out a good ending to this script for Yahoo, cuz right now there doesn't seem to be one in sight.

. □


Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com

Come on, like us—you know you want to.

Follow us and if you're an innovative entrepreneur, we'll return the favor.

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow