Filed under: Deals, Engagements

After Yahoo! Inc. (NASDAQ: YHOO) reports its first-quarter earnings tonight, stories will flow about how the numbers could modify the price Microsoft Corp. (NASDAQ: MSFT) may eventually pay to acquire the Internet portal.

Apparently Microsoft CEO Steven Ballmer won’t be reading them. Speaking in Morocco on Tuesday, he stated the results won’t “affect the value of Yahoo! to Microsoft.” Negotiating tactics? Of course. And Ballmer didn’t state Microsoft wouldn’t raise its offer no matter what.

Besides, the report could still sway Yahoo! shareholders, who must sign off on any deal and might hesitate in backing a takeover at Microsoft’s standing offer of $31 a share, or $43 billion.

Continue reading at TechConfidential.com.

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This entry was posted on Wednesday, May 28th, 2008 at 5:22 pm and is filed under Engagements and Deals News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.