p2pnet news | Products:- Microsoft’s Bill Gates says he’s gone as far as he intends to go with offers for Yahoo.
Yahoo’s rejection of Microsoft’s $44.6 billion bid isn’t just part of an elaborate courtship dance, as has been suggested.
Gates is quoted as stating the $31-per-share buyout offer won’t be increased.
"We sent them a letter and said we think that’s a fair offer," the Associated Press has him saying.
"There’s nothing that’s gone on other than us stating that we think it’s a fair offer. They should take a hard look at it."
In a recent letter to shareholders, "I want you to know that the Yahoo! Board of Directors and management team remain committed to pursuing initiatives that maximize value," said Yahoo’s Jerry Yang.