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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?

[Via TechCrunch]


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