If yhoo is not accepting the original bid from msft.why threaten to lower it.?

Question

Doesn't it seem counter intuitive of lowering the bid if the first bid is not acceptably high enough in the first place?It's like trying to ruin a play 'coz you were not included in it and expect to be applauded by the audiences or maybe it 's just a ploy to bluff his way in .

Answer 1

Microsoft could try for a lower bid through a hostile take over.  The original deal was a "clean" transfer through the managers of Yahoo.