20 April 2008

Yahoo depletes the deadline given by Microsoft for purchase

20/04/2008 - 15:31 IBLNEWS,

Yahoo is facing a critical week that could decide whether the founders of the company maintain its independence or are absorbed by the purchase offer made by Microsoft. The Internet search engine is trying to forge a credible alternative that allows you to maintain its autonomy or at least force the giant from Redmond to increase the supply of 31 dollars (about 19 euros) per share for the company, valued at 42,800 million. "Yahoo is trying things at the last minute, never felt the urgency to do," said Sanford C. Bernstein analyst Jeffrey Lindsay, who pointed out that in any case "Investors will win." "They are seeing some of their best plays now," he added. "Would that have done these things last year." On Tuesday, Yahoo will present the financial results for the first quarter, which represents a last chance to demonstrate some economic strength after two years of decline for the company. By mid-week, Yahoo run tests with Google to determine whether the Mountain View search engine can deploy part of its search services and sales of advertisements on the Internet, in a defensive move against Microsoft for attempting a merger with AOL Time Warner, according to assure sources familiar with the operation. Time is running out. On Saturday, the deadline expires imposed by Microsoft, and Yahoo should accept the offer to buy or start a struggle to keep their executives. Two weeks ago, the software giant threatened to form with the lower bid if it were not accepted the proposal for April 26. The head of the division in charge of Yahoo technology used his speech at the presentation of industry-related Web 2.0 to outline a strategy for developing the services of the company.

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