Microsoft bid may be Yahoo's only choice
Seattle PI | at | by Mike
Without a viable alternative to Microsoft's acquisition bid, Yahoo Inc.'s management may "soon be forced to accept reality and sell the company," an analyst predicted Thursday, as a tech news site reported that the two sides have talked informally.
Six weeks after Microsoft made its unsolicited, $44.6 billion offer to buy the Internet icon, Yahoo's options appear to be running out, wrote Jeffrey Lindsay, a Sanford C. Bernstein & Co. analyst, in a note to clients. Lindsay wrote that he expects Yahoo's upcoming quarterly financial results to be "mediocre," which could increase the pressure to consider Microsoft's offer.