Microsoft Talks, Yahoo Listens, No Decisions Yet
An uneasy silence between the two companies ended with a meeting earlier this week to review Microsoft’s impressions of what a combination with Yahoo might look like.
Shakespeare’s famous and oft-misinterpreted quote from Henry VI would read a lot differently if the Butcher said, “The first thing we do, let’s kill all the bankers.” But Yahoo and Microsoft did this, in a way, when they met on Monday.
The Deal Journal blog said the absence of high-powered bankers from Microsoft and Yahoo’s recent chat seemed “odd, if not downright wasteful.” Some big name bankers cooled their heels, presumably at a lucrative hourly rate, while the tech companies talked turkey:
So why did Microsoft and Yahoo keep all the high-priced, presumably well-prepared bankers out when the two companies had their first talks since January 31?
It could be seen as a sign of a kindler, gentler, less impetuous Microsoft that is thinking ahead and trying to win over Yahoo management to ease the way for the deal. That Microsoft hasn