Word has hit several media outlets that Microsoft Corp. (NASDAQ: MSFT) will drop the price of its bid for Yahoo! Inc. (NASDAQ: YHOO).

According to Reuters, "Microsoft Corp. is evaluating its offer for Yahoo Inc. in light of worsening market conditions." The odds are high that someone at Microsoft leaked the news. Yahoo! shares are down almost 5% after hours.

Microsoft would like nothing more than to have large shareholders in Yahoo! calling the board and management begging them to take the deal of threatening to sue them if they don't.

Microsoft knows Yahoo! has no other options, or they would be apparent by now.

Douglas A. McIntyre is an editor at 247walls.com.

Microsoft may be lowering Yahoo! offer originally appeared on BloggingStocks on Fri, 04 Apr 2008 17:20:00 EST. Please see our terms for use of feeds.

Microsoft has said it will spend $2 billion on new technologies to combat the threat of Google, Yahoo!, eBay and the like. Which to shareholders means operating expense, to Google means let's throw a hundred products against the wall to see what sticks, and to college grads means money money money. But to Redmond, Washington?

It means cranes, concrete, and an "eye-popping" real estate market. A company headquarters that now employs 30,000 people could add 12,000 in the next two years -- 3.1 million square feet, or 14 new buildings to be constructed. As the New York Times points out, for Seattle "those are staggering numbers."

Seattle may be happy, or not. On one hand, the unemployment rate will certainly decrease if Microsoft is going new-hire crazy. On the other hand, the city is already clogged with traffic and real estate prices are ridiculous for the relatively small market.

[Photo OsakaSteve]

Microsoft no longer fits in Redmond, Wash originally appeared on BloggingStocks on Wed, 05 Jul 2006 13:09:00 EST. Please see our terms for use of feeds.