{"id":1677,"date":"2008-04-23T13:57:53","date_gmt":"2008-04-23T17:57:53","guid":{"rendered":"http:\/\/pcin.net\/update\/2008\/04\/23\/yahoo-microsoft-set-for-takeover-battle\/"},"modified":"2015-09-14T08:07:55","modified_gmt":"2015-09-14T12:07:55","slug":"yahoo-microsoft-set-for-takeover-battle","status":"publish","type":"post","link":"http:\/\/pcin.net\/update\/2008\/04\/23\/yahoo-microsoft-set-for-takeover-battle\/","title":{"rendered":"Yahoo, Microsoft set for takeover battle"},"content":{"rendered":"<div class=\"entry\">\n<p>From <a href=\"http:\/\/pcin.net\/c\/?2115\">CNN<\/a>:<\/p>\n<blockquote><p>Yahoo Inc.&#8217;s first-quarter performance sets the scene for a bitter battle over Microsoft Corp.&#8217;s takeover bid.<\/p>\n<p>By delivering earnings and revenue Tuesday that surpassed analysts&#8217; estimates, Yahoo added credence to its board&#8217;s contention that the Sunnyvale-based company is poised for a dramatic turnaround that justifies a higher sales price than Microsoft&#8217;s initial bid of $44.6 billion, or $31 per share.<\/p>\n<p>But neither the first-quarter results nor Yahoo&#8217;s outlook for the rest of the year may be compelling enough to cause Microsoft to sweeten its offer.<\/p>\n<p>&#8220;This isn&#8217;t going to make Microsoft come and out offer $35,&#8221; predicted Canaccord Adams analyst Colin Gillis.<\/p>\n<p>That leaves the rivals at an impasse, just as they have been since Microsoft stunned Yahoo with its unsolicited takeover attempt nearly three months ago.<\/p><\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>From CNN: Yahoo Inc.&#8217;s first-quarter performance sets the scene for a bitter battle over Microsoft Corp.&#8217;s takeover bid. By delivering earnings and revenue Tuesday that surpassed analysts&#8217; estimates, Yahoo added credence to its board&#8217;s contention that the Sunnyvale-based company is poised for a dramatic turnaround that justifies a higher sales price than Microsoft&#8217;s initial bid &#8230;<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[],"class_list":{"0":"post-1677","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-computer-news","7":"anons"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/pcin.net\/update\/wp-json\/wp\/v2\/posts\/1677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/pcin.net\/update\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/pcin.net\/update\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/pcin.net\/update\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"http:\/\/pcin.net\/update\/wp-json\/wp\/v2\/comments?post=1677"}],"version-history":[{"count":0,"href":"http:\/\/pcin.net\/update\/wp-json\/wp\/v2\/posts\/1677\/revisions"}],"wp:attachment":[{"href":"http:\/\/pcin.net\/update\/wp-json\/wp\/v2\/media?parent=1677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/pcin.net\/update\/wp-json\/wp\/v2\/categories?post=1677"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/pcin.net\/update\/wp-json\/wp\/v2\/tags?post=1677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}