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Yahoo Has Formally Rejected Microsoft Bid
engine

WebmasterWorld Administrator engine us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month Best Post Of The Month



 
Msg#: 3571484 posted 2:50 pm on Feb 11, 2008 (gmt 0)

Yahoo Inc. has formally rejected Microsoft Corp.'s $44.6 billion takeover bid as inadequate. The response had been expected after Yahoo's intentions were leaked over the weekend.

Many analysts expect Microsoft to raise its offer by $5 billion to $12 billion to entice Yahoo to sell. Yahoo is believed to want a bid of at least $56 billion, or about $40 per share.

Yahoo Has Formally Rejected Microsoft Bid [nytimes.com]

 

sgietz

5+ Year Member



 
Msg#: 3571484 posted 4:13 pm on Feb 11, 2008 (gmt 0)

I can't get Zorg from the Fifth Element out of my mind. Could this potential bohemeth turn into an evil empire?

(I'm using dramatic license)

lgn1

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 3571484 posted 4:58 pm on Feb 11, 2008 (gmt 0)

Remember the Simpsons episode where Microsoft does a hostile takeover of CompuGlobalHyperMegaNet from Homer.

Just subsitute Homer with Yahoo, and you get the picture.

walkman



 
Msg#: 3571484 posted 5:03 pm on Feb 11, 2008 (gmt 0)

MSFT has already lost 15% since they announced the bid so $31 they offered is more $28-$29 right now. A $40 one would probably drop them even more.

Basically, a slow battle favors Yahoo, but MsFT must have left room for increases.

WiseWebDude

5+ Year Member



 
Msg#: 3571484 posted 6:02 pm on Feb 11, 2008 (gmt 0)

Wow, $56 billion dollars, I can't even think that high, LOL. Hey, MSFT, my site is for sale at the rock-bottom price of only $2 million!

:)

anshul

10+ Year Member



 
Msg#: 3571484 posted 7:09 pm on Feb 11, 2008 (gmt 0)

Seems hilarious. May be better to read some comics or watch out some comedy or magic show.

Our employees are idiots.. we keep on acquiring and purchasing.. or we don't trust our employees and their capabilities.. don't allow them do anything.

Gates is a great visionary.. Eric and Ballmer are great businessmen.. Brin and Larry are great innovators and, Jerry, David not even worst salesperson?

foxfox

5+ Year Member



 
Msg#: 3571484 posted 5:50 am on Feb 12, 2008 (gmt 0)

I hope AOL would merge or acquire Yahoo!

Be the next ICQ, Netscape ect.

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