IF you were the CEO of Yahoo, what would you tell Microsoft that would?

Question

convince them that they should increase their offer to buy your company? And, if you were the CEO of Microsoft, what would you tell the CEO of Yahoo WHY you won't increase your offer to buy their company?

Put on your thinking caps, people, this is a tough one to answer!

Answer 1

If I were the CEO of Yahoo, I'd tell Microsoft that there's another bidder at the table, but if they increased their bid, I would strongly recommend their offer to the board.

If I were CEO of Microsoft, I'd tell Yahoo first that I don't believe you about the other bidder, haha; and second that since Microsoft is the most financially capable strategic aquirer even looking at a deal, we have the most negotiating leverage.