Microsoft withdraws Yahoo Bid | Indian Stock Market News and Analysis

Microsoft withdraws Yahoo Bid

Microsoft withdrew yahoo bid today after both companies failed to reach an agreement. Yahoo wanted to increase offer by 10 B USD , but Microsoft agreed for 5 B USD increase following which Yahoo dint agree.
Microsoft’s CEO released a letter explaining the reasons for quitting from the offer.

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This entry was posted on Sunday, May 4th, 2008 at 8:15 am and is filed under Indian Stock Market 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.

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