Microsoft's Takeover Interruptus for Yahoo

Microsoft Pulls Out

Microsoft withdrew from its flirtation with Yahoo over the weekend, but the result could be messier than if it had stuck it through to the bitter end. Now everybody's left feeling frustrated and they are probably going to have to start it all over again after a short rest and a cigarette.

Steve Ballmore (did I spell that right?) offered around $29 a share then upped it to $33 apparently, but Yahoo was not impressed "Is that all you've got ?" Well, maybe not, we all know how big Microsoft is, but it's all Steve was prepared to put on the table.

Monday morning will see Yahoo's share price wilt no doubt, Henry Blodget (remember him) reckons Yahoo's stock could fall to the low $20s. But given Microsoft's healthy appetite it will probably be back for another bite at the cherry at some future date.

I sense a group hug over at Yahoo as they brace themselves for the final push, this could get ugly!

For the proper version of events see Microsoft Withdraws from Yahoo

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Microsoft withdraw