Mar 19 2008
Yahoo Releases Financial Goals; Will Microsoft Increase Offer?
by Mark Walsh
Bullish financial projections released by Yahoo Tuesday could lead Microsoft to boost its original $44.6 billion bid for the Web portal, according to Internet analysts. That was certainly Yahoo’s intention in disclosing a plan detailing Yahoo’s financial and strategic goals–initially presented to investors in December 2007–to back up its claim that Microsoft’s proposed offer “substantially undervalues” the company.
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