Microsoft’ chief financial officer Chris Liddell briefly addressed Microsoft’s Yahoo acquisition strategy during a conference call with analysts today.
If Yahoo will not accept the current offer, the Microsoft will consider “alternatives”. Liddell mentioned that the software company may either consider a proxy contest or withdraw its offer completely. He indicated that Microsoft will not increase its offer, especially not because of the argument “that Microsoft can afford” such a move.
Liddell agreed that the addition of Yahoo would accelerate Microsoft’s online strategy. However, the company is prepared to achieve its goals through “organic growth” as well, he said.