Microsoft Unofficially Ups Yahoo Offer To $33/ Share

Microsoft is willing to increase its offer for Yahoo to $33/ share, least that’s what company insiders are telling the Wall Street Journal.

The ongoing Microsoft/ Yahoo takeover melodrama came to a head last week as Microsoft’s imposed time frame for Yahoo accepting its offer passed. Speculation has been rife that Microsoft may walk away from the deal, with YHOO stock trading below Microsoft’s initial takeover price. The WSJ also noted that Microsoft may wish to avoid a hostile takeover offer for Yahoo.