I think Microsoft will have their way if Google does well tomorrow when it reports and Yahoo! tanks when it reports next week. In other words, if quarterly reporting goes as it has gone for about 8 quarters now for these two companies.
Already, investors have traded Yahoo!'s stock down over three dollars from Microsoft's bid price. Usually when a company that is sought by another refuses, the stock goes above the bid price. This signifies that investors think that the suitor is willing to up the ante to capture its prey. Microsoft has clearly said that they are not interested in raising the bid.
If Microsoft is shrewd, they have gone into the stock market and have been buying up the Yahoo! stock. In this way, they will eventually have to be seated on the Yahoo! board.
Meanwhile, I am still not convinced that the European Union are going to go along with this move on Microsoft's part.
Time will tell . . .
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