05/02: Source: Microsoft and Yahoo! Talking Turkey
Posted by Patrick
The New York Times is reporting that, according to a source, Yahoo! and Microsoft are in serious talks regarding the merger. They say:
Microsoft, which had threatened to abandon its bid, has increased its offer “by several dollars,” this person said. The merger talks represent an enormous breakthrough following weeks of behind-the-scenes discussions without any progress. Exact terms being discussed could not be learned.
