Filed under: Deals
Microsoft Corp. (NASDAQ: MSFT) CEO Steve Ballmer isn’t providing much in the way of new information behind the high stakes game of Deal or No Deal being played with Yahoo! Inc. (NASDAQ: YHOO).
Appearing at The Wall Street Journal’s D: All Things Digital conference on Tuesday, Ballmer said the company was in talks “about other things with Yahoo!” after its efforts to acquire the company failed. He also stated the software maker is not “re-bidding” for the company, while noting that “we reserve the right to do so.” In other words, everything is still on the table.
Ballmer can afford to play coy as the pressure remains on Yahoo! to come up with alternative to an outright buy of the company and to pacify angry shareholders. Yahoo! CEO Jerry Yang and president Susan Decker are scheduled to appear at the conference this day and will have to defend their actions throughout the Microsoft saga. But anticipate them to be just as coy about the status of negotiations with Microsoft.
Continue reading at TechConfidential.com.
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