News today that Microsoft is willing to resume negotiations to buy all or part of Yahoo, but only if uber-investor Carl Icahn succeeds in revamping the Sunnyvale Internet company's board. Given the state of Yahoo's current board, which has resisted takeover overtures by Microsoft's CEO, Steve Ballmer, "we have concluded that we cannot reach an agreement with them," the Redmond, Wash. software giant said in a prepared statement. But if Yahoo's stockholders select a new board at the company's upcoming August 1st meeting, Microsoft said, "We will be prepared to enter into discussions immediately" about buying Yahoo's Internet search business or the entire company. Yahoo responded, "If Microsoft and Mr. Ballmer really want to purchase Yahoo, we again invite them to make a proposal immediately. And if Mr. Icahn has an actual plan for Yahoo, beyond hoping that Microsoft might actually consummate a deal which they have repeatedly walked away from, we would be very interested in hearing it." Ouch, getting a wee bit testy... But, I'll put money on on a deal being done.
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You can bite the bullet, or eat the gun. It's entirely up to you!
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