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Exit stage left for Microsoft's Yahoo bid? | |
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| Time: 00:42 EST/05:42 GMT | News Source: News.com | Posted By: Kenneth van Surksum | ||
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Watching the Microsoft-Yahoo show? Here are two figures to watch in the coming weeks:
$1.32 billion and 11 cents.
Yahoo is projected to generate $1.32 billion in revenue and earn 11 cents a share for the first quarter, according to analysts' estimates collected by Thomson Financial.
Anything less than that when the company reports its first-quarter results on April 22 could apply greater pressure on Yahoo to accept Microsoft's unsolicited buyout bid that was initially valued at $31 a share. This especially holds true if no other white knights emerge to make a deal with Yahoo. |
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