Microsoft and Yahoo Battle of Wills Goes On ; Technology

Summary


Neither Microsoft nor Yahoo wants to blink first in the software giant's proposed EUR41.7 billion (pounds 21 billion) takeover of the Web pioneer but as the gamesmanship drags on, archrival Google, the merger's raison d'etre, is the biggest beneficiary.

Not much has progressed since Microsoft offered to buy Yahoo on February 1, a proposal that was rebuffed as undervaluing the company.

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Extract


Microsoft and Yahoo Battle of Wills Goes On ; Technology

Microsoft has countered by saying its offer was fair and urged the board to take a second look.

The union of its two biggest web rivals could eventually loosen Google's grip on online se...

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