Microsoft considers solutions to
'Software giant' announced it was ready to take aggressive measures or abandon its intention to pursue Yahoo if it continued to "dream" of a higher-value contract. Microsoft pledged not to raise the offer price.
' Speed of execution is an extremely important factor for a contract like this ,' said Chris Liddell, CFO of Microsoft. ' If, by the end of this week, the two companies do not achieve any contract, Microsoft will rethink the offer to buy Yahoo, consider alternative solutions and will publish details of the plan in the week. to '.
' The alternative here might be to bring the merger proposal to Yahoo shareholders' opinion or to give up the intention of pursuing the firm to focus on other goals. Microsoft will buy another firm or find ways to promote internal development . '
However, CFO Liddell does not seem to mention a 'very strong' solution that CEO Steve Ballmer has previously stated. That is, if Microsoft does not get a contract, it will replace Yahoo's entire board.
On April 23, after Yahoo announced its first-quarter business results, CEO Ballmer also announced that the result could not make Microsoft raise the offer price. If Yahoo continues to refuse to negotiate with Microsoft, it is likely that it will abandon its intention to merge.
The reason Microsoft voiced this time because the 3-week deadline that the company previously brought was close. And perhaps Microsoft does not want to be in a "talk and leave" situation. Meanwhile, Yahoo is still "hanging out" of a couple - on the one hand the statement is considering merging with Microsoft, on the other hand claims to open opportunities for other firms. The condition to sit at the negotiating table is that Microsoft must raise prices.
Microsoft has always considered the merger between this company Yahoo is a good opportunity to "fight" with rivals Google in the search market and online advertising. Microsoft leaders admit they are governed by a limited number of money they can pay in this deal. This is why Microsoft cannot raise prices.
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