Thanks for clearing that up
As has been its modus operandum throughout the Microhoo affair, Microsoft chose a Sunday to release its latest statement.
This one, attributed only to Microsoft Corp. seemed only to stress that all possible options were still open to it, i.e. walking away, just doing some “transaction” with Yahoo! short of buying it, and buying it outright depending on “future developments”.
We wonder how much Carl Icahn likes being referred to as a future development. Anyway, here’s the statement in full.
“In light of developments since the withdrawal of the Microsoft proposal to acquire Yahoo! Inc., Microsoft announced that it is continuing to explore and pursue its alternatives to improve and expand its online services and advertising business.
“Microsoft is considering and has raised with Yahoo! an alternative that would involve a transaction with Yahoo! but not an acquisition of all of Yahoo! Microsoft is not proposing to make a new bid to acquire all of Yahoo! at this time, but reserves the right to reconsider that alternative depending on future developments and discussions that may take place with Yahoo! or discussions with shareholders of Yahoo! or Microsoft or with other third parties.
“There of course can be no assurance that any transaction will result from these discussions.”
