Business/SPEA Information Commons

Indiana University Bloomington

Microsoft’s war plan

Posted by iubusref on February 4, 2008

(Fortune Magazine) — When Jerry Yang answered the phone on a rainy Silicon Valley Thursday night in January and heard the hoarse voice of Microsoft’s Steve Ballmer on the other end, it was simply the last in a string of disappointments the Yahoo co-founder has confronted over the past two years.

Microsoft (MSFT, Fortune 500) had already tried to buy Yahoo a year before — presumably for billions of dollars more than the $44.6 billion bid Ballmer told Yang about on Jan. 31.

For more….http://money.cnn.com/2008/02/03/magazines/fortune/yahoo.fortune/index.htm?postversion=2008020406

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