SAN FRANCISCO - Yahoo Inc.'s stock took a beating Monday after Microsoft Corp. withdrew its $47.5 billion takeover bid, but the punishment wasn't as severe as many analysts anticipated because investors suspect the rivals eventually will renew their mating dance.
Although Microsoft has publicly indicated it will focus on measures besides buying Yahoo in its bid to make its Internet division profitable, several analysts predicted the software maker will revive its bid in the summer or fall if Yahoo can't snap out of a two-year funk that exposed it to an unwanted takeover in the first place.
"Should the frustration of (Yahoo) shareholders come to a boil, we believe (Microsoft) could re-enter the picture, essentially playing the role of the white knight," analyst David Hilal of Friedman, Billings, Ramsey & Co. wrote in a Friday research note.
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source: gmanews.tv
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