From Time.com - 17/04.08:
(WASHINGTON) — Microsoft Corp. has yet to convince Yahoo Inc. to agree to a friendly takeover, but the software company is already hiring lobbyists to help it convince regulators to let the deal — hostile if it has to be — go through.
Software company Microsoft Corp., bracing for a regulatory squabble in its takeover bid, recently hired Bryan Cave Strategies LLC to lobby the federal government on the proposed multibillion-dollar deal.
Pity poor Microsoft – they just can’t seem to get this deal closed. One minute reports seem to indicate that progress is being made in their bid to acquire Yahoo; the next, they’re back to square one. But whatever the true state of play, you have to admire the typical Redmond tenacity. If one method fails – try another. So what’s next then - a campaign march?
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