Microsoft/Yahoo: New Price Coming
The other morning on CNBC I told Sue Herrera that instead of Microsoft walking away, which was undoubtedly tempting, I had decided it was more likely Microsoft firmed up its Yahoo offer and added a few dollars.
Turns out, according to the WSJ late today, that is pretty much what Microsoft has in mind: A revised offer of closer to $33 looks likely, which, if containing a good percentage of cash, is likely to end things here.
