Microsoft won't budge in its bid for Yahoo, according to a Reuters report.
"We still think the deal makes sense with the price and structure that we announced and we hope that over time that becomes a reality and we're working toward that," CEO Steve Ballmer said at a news conference Monday.
Ballmer indicated that there's been dialogue between the two companies, but declined to get into details. While Yahoo continues to look for alternatives to Microsoft, it appears as though its suitor has no plans to go away or up the offer.
But one oddity of the deal is that the actual offer has declined somewhat since the original unsolicited bid. Microsoft made the bid at the beginning of February with a mixture of cash and stock. Now, that bid has dwindled down to about $40.9 billion because of declines in Microsoft stock as industry insiders continue to question the workability of a Yahoo/Microsoft marriage.
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