Microsoft's chief financial officer Chris Liddell made the comments at a quarterly earnings conference call, adding that if no deal can be reached by the weekend, the firm will reconsider its offer.
A hostile takeover is still a possibility if Yahoo maintains its " unrealistic expectations" of a higher sale price, he added.
"As outlined in our recent letter to the Yahoo board, unless we made progress with Yahoo towards an agreement by this weekend, we will reconsider our alternatives, and provide updates as appropriate next week," said Liddell. "We have yet to see tangible evidence that our bid substantially undervalues [Yahoo]; in fact, we see the opposite."
Microsoft gives Yahoo one last chance
By
Phil Muncaster
on
Apr 28, 2008 11:58AM
Microsoft has warned Yahoo that it could pull its offer to buy the internet giant if the firm continues to hold out for a better deal.
Got a news tip for our journalists? Share it with us anonymously here.
itweek.co.uk @ 2010 Incisive Media
Sponsored Whitepapers
Planning before the breach: You can’t protect what you can’t see
Beyond FTP: Securing and Managing File Transfers
NextGen Security Operations: A Roadmap for the Future

Video: Watch Juniper talk about its Aston Martin partnership
Don’t pay the ransom: A three-step guide to ransomware protection