MicroHoo: The 411
In the interests of getting Yahoo and Microsoft to make nice before all hell breaks loose on Monday, BoomTown is here to help.
Sources tell me Yahoo’s (YHOO) board might gather Sunday to consider their options, although plans are still in flux.
Microsoft (MSFT) sources indicate that it will decide on its move–fight or flight–by Monday or Tuesday of next week, even though the company set today as a deadline for initiating a proxy fight.
As The Wall Street Journal reported today, both sides were waiting for the other to make a move on starting negotiations–Yahoo for a higher price from Microsoft and Microsoft for a meeting with Yahoo to talk about price.
This is worse behavior than my two sons locked in a staring contest over who gets to be the one to hold the plastic dinosaur first.
Just in case Microsoft’s CEO Steve Ballmer has lost the information: Yahoo’s address is 701 First Avenue, Sunnyvale, Calif., and its phone number is 408-349-3300. If Jerry is not available, ask for Sue or Blake or Roy.
And, for Yahoo CEO Jerry Yang, if he wants to make nice, he can reach Microsoft at 1 Microsoft Way, Redmond, Wash., or call 425-882-8080 and ask for Steve or Bill or Chris.
Until then, as I tell my kids, try to behave or no TV.