No One Can Call the Odds on Microsoft-Yahoo!
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Whether you are a voter waiting on the next primary weeks away or a savvy investor watching an important deadline pass in silence, you are right to have weapons-grade concern about how the media fills the vacuum.
Take it from The Business Press Maven: Nothing to report and a lot of time to report it in is a dangerous combination. This is what we are faced with, after Yahoo! (YHOO Quote) let a Microsoft (MSFT Quote) deadline to agree to its merger terms expire without action or comment on Saturday.
Leave it to commentator Henry Blodget to commit the most tempting, characteristic and misleading mistake, whether you are talking politics or pending mergers: slapping a fixed percentage on the chance of something happening. It looks good and makes you sound like you know what you are talking about. Witness the headline on a Blodget blog post: "60% Chance Microsoft Walks From Yahoo Deal (MSFT / YHOO)."
They Just Don't Get MicroHoo! |
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