May 6, 2008
Microsoft, Yahoo Game Going Into Extra Innings?
The collapse of this weekend's negotiations between Microsoft and Yahoo looked like game over. When the news first broke that Microsoft was walking away from its $44 billion bid, it seemed as though Redmond was the loser: It had tried a high-stakes, high-profile acquisition gambit and failed. Its defeat may have seemed the result of poor strategizing. It may have seemed that CEO Steve Ballmer just didn't have enough moxie to pull off a win.