Yahoo officially rejects Microsoft

the_technocratthe_technocrat IC-MotY1Indy Icrontian
edited March 2008 in Science & Tech
<p>Yahoo! has officially rejected Microsoft's $44-billion offer.</p>
<p>As stated in the FCC filing, Yahoo! "believes that <strong>Microsoft’s proposal substantially undervalues Yahoo!</strong> including our global brand, large worldwide audience, significant recent investments in advertising platforms and future growth prospects, free cash flow and earnings potential, as well as our substantial unconsolidated investments."</p>
<p>(bold added)</p>

Comments

  • mas0nmas0n howdy Icrontian
    edited February 2008
    "Nice lowball guys, try again."
  • the_technocratthe_technocrat IC-MotY1 Indy Icrontian
    edited February 2008
    So Yahoo rejects MS, as expected. Now either MS comes in with a higher offer, Yahoo shareholders sue Yahoo to force a sale, or Yahoo partners with someone else, like one of AOL's recently spun-off divisions to make itself more valuable.
  • LincLinc Owner Detroit Icrontian
    edited February 2008
    Proxy fight!
  • the_technocratthe_technocrat IC-MotY1 Indy Icrontian
    edited February 2008
    Gates: "no... YOU'RE a dummyhead!" nya nya

    http://news.wired.com/dynamic/stories/M/MICROSOFT_YAHOO?SITE=WIRE&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2008-02-19-08-34-38
  • Quantom-XQuantom-X Alexander, Arkansas
    edited February 2008
    the_technocrat wrote:
    Yahoo shareholders sue Yahoo to force a sale,
    Uh, I don’t think they can do that.:skeptic:
  • the_technocratthe_technocrat IC-MotY1 Indy Icrontian
    edited February 2008
    Quantom X wrote:
    Uh, I don’t think they can do that.:skeptic:

    STFU
  • LeonardoLeonardo Wake up and smell the glaciers Eagle River, Alaska Icrontian
    edited February 2008
    Nice lowball guys, try again.
    I assume you were being facetious. Microsoft's offer was nearly twice the share value of Yahoo. I think Yahoo's board, at least the dissenters, were not putting the shareholders' interests first. It won't surprise me if the board relents, or barring that, that there will be significant turmoil.
  • the_technocratthe_technocrat IC-MotY1 Indy Icrontian
    edited February 2008
    In more recent news, it seems like Yahoo is doing what it can to make the benefit of a MS buyout more expensive that MS would have to gain from the merger... all while pimping itself to newscorp. Should be interesting.
  • LeonardoLeonardo Wake up and smell the glaciers Eagle River, Alaska Icrontian
    edited February 2008
    I think the Yahoo board is acting out of emotion and not out of care for their shareholders. I really, really doubt anyone will step up with a better offer than what Microsoft gave. I've been following this fairly closely. Yahoo doesn't seem to realize that the 2000 Internet/tech bubble burst a long time ago. There are not now droves of venture capitalists fawning all over Yahoo. In my opinion, the Yahoo board reeks of over-enlarged egos and sentimentalism for the booming late 1990's. If I were a shareholder I'd be furious right now.

    Jerry Yang needs to realize that Yahoo is no longer his company. It is a public corporation.

    It's time for Microsoft to launch a hostile takeover. Let's see, maybe shareholders would not want to see a nearly instant doubling of their shares' value?
  • Quantom-XQuantom-X Alexander, Arkansas
    edited February 2008
    the_technocrat wrote:
    STFU


    :rolleyes:OK, I'll admit I was wrong. :skeptic:But are you shore your source is correct? After all, it is Wikedia. Anybody can edit there site. I don't mean to discredit your work but as a school administrator you should know this. Teachers are always telling me that Wikedia is not a valid source when Im doing a “Works Cited” page for a report. Do you have another source.:tongue: Thanks.
  • the_technocratthe_technocrat IC-MotY1 Indy Icrontian
    edited February 2008
    Quantom X wrote:
    :rolleyes:OK, I'll admit I was wrong. :skeptic:But are you shore your source is correct? After all, it is Wikedia. Anybody can edit there site. I don't mean to discredit your work but as a school administrator you should know this. Teachers are always telling me that Wikedia is not a valid source when Im doing a “Works Cited” page for a report. Do you have another source.:tongue: Thanks.

    Your teachers are retards. Only source? No. Good source? Yes.
  • Quantom-XQuantom-X Alexander, Arkansas
    edited February 2008
    the_technocrat wrote:
    Your teachers are retards.

    HA! HA! That's funny.(LMAO) Well fair enough.:tongue:
  • Quantom-XQuantom-X Alexander, Arkansas
    edited February 2008
    Quantom X wrote:
    What exactly is wrong with Microsoft buying Yahoo? Except for the fact that it will cost them $44 BILLION!
    :wow:

    GHoosdum wrote:
    It would end Google's de Facto monopoly of the internet. This would be "troubling" according to Google.

    When Google calls something "troubling" people take note.




    True, but if Google no longer has a monopoly it might force them to step it up a little an make it better than before. Google would have to improved some, and in the long run be better for us all. I know Google is awesome but imagine a better Google!
  • Quantom-XQuantom-X Alexander, Arkansas
    edited March 2008
    Quantom X wrote:
    True, but if Google no longer has a monopoly it might force them to step it up a little an make it better than before. Google would have to improved some, and in the long run be better for us all. I know Google is awesome but imagine a better Google!

    [FONT=&quot]Doesn’t anybody have a comment about that?:rolleyes2[/FONT]
  • the_technocratthe_technocrat IC-MotY1 Indy Icrontian
    edited March 2008
    Quantom X wrote:
    [FONT=&quot]Doesn’t anybody have a comment about that?:rolleyes2[/FONT]

    Comments in your text below.

    "True, but if Google no longer has a monopoly it might force them to step it up a little an [and] make it [to what is this 'it' referring to?] better than before. Google would have to improved [improve] some [to what is the referring?], and in the long run be better for us all. [in what way?] I know Google is awesome but imagine a better Google! [yet another generalized, meaningless statement that doesn't warrant a response]"
  • LeonardoLeonardo Wake up and smell the glaciers Eagle River, Alaska Icrontian
    edited March 2008
    Google doesn't have a monopoly - not even close.
  • the_technocratthe_technocrat IC-MotY1 Indy Icrontian
    edited March 2008
    Leonardo wrote:
    Google doesn't have a monopoly - not even close.

    Maybe he meant Google has a monopoly on Google applications. I could be persuaded to agree with that.
  • QCHQCH Ancient Guru Chicago Area - USA Icrontian
    edited March 2008
    Leonardo wrote:
    Google doesn't have a monopoly - not even close.
    In theory... In order for a company to have a "monopoly" it needs to corner the market so no other company can enter or compete. Google's search engine has a great market share but there are others that have a nice portion. Ask, Yahoo, MSN, and many others still have a ton to offer and do so. What Google has done is diversify it's power base. They offer applications, advertising, search engine, and a ton of other tidbits.
  • shwaipshwaip bluffin' with my muffin Icrontian
    edited March 2008
    but do they denounce AND reject Microsoft?
  • Quantom-XQuantom-X Alexander, Arkansas
    edited March 2008
    the_technocrat wrote:
    Comments in your text below.

    "True, but if Google no longer has a monopoly it might force them to step it up a little an [and] make it [to what is this 'it' referring to?] better than before. Google would have to improved [improve] some [to what is the referring?], and in the long run be better for us all. [in what way?] I know Google is awesome but imagine a better Google! [yet another generalized, meaningless statement that doesn't warrant a response]"
    Critiquing my work is not what I meant by comments. I was in a rush when I was typing that. :mad2:
    Leonardo wrote:
    Google doesn't have a monopoly - not even close.
    When I said monopoly I was referring to GHoosdum’s statement about “It would end Google's de Facto monopoly of the internet.”:skeptic:
Sign In or Register to comment.