Wednesday, April 30,2008 @ 11:50pm
No decision yet on Microsoft-Yahoo deal
Microsoft head Steve Ballmer has yet to come to a decision regarding the impending Yahoo takeover, as even his closest lieutenants are left wondering what he plans to do regarding Yahoo's silence. According to The Wall Street Journal, Ballmer's threats remain stagnant due to his unpredictable nature, leaving many in the industry questioning whether he plans to follow through with replacing Yahoo's board through its investors.
Ballmer's indecision hinges as well on the interests of the parties involved. Influential Yahoo shareholders are clamoring for a figure between $35 and $37 per share, while the company's management and board are seeking an unspecified amount in the high $30s.
Yahoo's dealings with Google and AOL are also a large factor, as CEO Jerry Yang comes up with methods to demonstrate the company's value to investors. If Microsoft fails to come to a decision regarding a better offer, Yahoo could solidify its relationship with search giant Google, discouraging investors from harming Yahoo's fiscal ecosystem.