Yahoo's generally solid quarter yesterday helps make the case that the company is worth more than the current value of Microsoft's bid. In advance of the earnings call yesterday, however, Steve Ballmer said that the company was not prepared to offer any more than what it already had put on the table. Now today, in the wake of Yahoo's earnings, he says he's "prepared to move forward alone, without Yahoo."
Yahoo's position and actions, combined with Ballmer's, make for a high-stakes game of "chicken." Is Microsoft negotiating with a threat to walk away (of course)? But they also may be frustra [...]
Related Topics: Channel: Industry | Microsoft & Yahoo Search Deal