Good Morning Silicon Valley

If the buzz is correct, Microsoft’s directors are huddled right now plotting the move that will break the eerie silence that has prevailed since their deadline for Yahoo to accept their takeover bid expired Saturday, and that move could come as early as later today. The Wall Street Journal is reporting (or leaking) word that Microsoft might be willing to bump the bid from the original deal — now calculated at about $29 a share — up to the neighborhood of $32 or $33 a share, but that’s not the neighborhood Yahoo wants to settle in, preferring something in the high 30’s. According to the Journal, Microsoft is not eager to escalate matters with a proxy war and/or board fight, and word is that CEO Steve Ballmer has been going back and forth between raising the bid and walking away, at least for now. Silicon Alley Insider sees it all as one more in a series of maneuvers intended to get Yahoo shareholders to push from their direction. Sounds like we might not have long to wait for the next plot twist. And it can’t come too soon. The audience is getting restless.