Microsoft ready to pay more for Yahoo?
According to a WSJ story Microsoft has said privately that they would be willing to increase their acquisition offer to Yahoo from the original offer of $31 per share to up to $33 per share.
Microsoft had previously said that it would not be increasing it’s bid while some watching the deal were expecting to see Microsoft attempt a hostile takeover attempt.
Even at $33, would that be enough? According to the WSJ story “major Yahoo shareholders have signaled they want in the range of $35 to $37 a share, with Yahoo’s management and board similarly shooting for an offer in the upper $30s, they add.”
Even if Microsoft does acquire Yahoo, does anyone see this ending well?