Microsoft’ chief financial officer Chris Liddell briefly addressed Microsoft’s Yahoo acquisition strategy during a conference call with analysts today.

If Yahoo will not accept the current offer, the Microsoft will consider “alternatives”. Liddell mentioned that the software company may either consider a proxy contest or withdraw its offer completely.  He indicated that Microsoft will not increase its offer, especially not because of the argument “that Microsoft can afford” such a move.

While Yahoo stated that Microsoft’s offer undervalues the company, Liddell said that Microsoft believes that Yahoo’s value has actually decreased in recent weeks and months.

Liddell agreed that the addition of Yahoo would accelerate Microsoft’s online strategy. However, the company is prepared to achieve its goals through “organic growth” as well, he said.

"Organic growth" ??

Apr 25, 2008 01:06     

HAHAH.. Microsoft doesn't even understand the concept of "organic growth". To them, that means instead of buying Yahoo, buying hundreds of smaller online startup companies' and creating a hodgepodge of their product offerings. Then later they won't mention any of the acquisitions and claim their new product(s) are home-baked.
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Carniverous

Apr 25, 2008 08:27     

Well, carniverous consumption does lead to organic growth. :P
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