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Yahoo Says It's Not Opposed To Microsoft Deal
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#: 3620785 posted 11:42 am on Apr 7, 2008 (gmt 0)

Yahoo Inc is not opposed to Microsoft Corp's bid for the Web media company, as long as it is at the right price, Yahoo's board said on Monday in a letter to Microsoft chief executive Steve Ballmer.

"We have continued to make clear that we are not opposed to a transaction with Microsoft if it is in the best interests of our stockholders," the letter said. "Our position is simply that any transaction must be at a value that fully reflects the value of Yahoo, including any strategic benefits to Microsoft, and on terms that provide certainty to our stockholders."

Yahoo Says It's Not Opposed To Microsoft Deal [uk.reuters.com]

 

blaze

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 3620785 posted 1:33 pm on Apr 7, 2008 (gmt 0)

"and on terms that provide certainty to our stockholders"

That's fairly critical. If the deal starts and then falls through, that could be pretty painful for Yahoo.

And, given MS's past history with big deals falling apart, you can imagine how they might be a bit nervous about that.

MS should provide a very large deal guarantee.

swa66

WebmasterWorld Senior Member swa66 us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 3620785 posted 4:45 pm on Apr 7, 2008 (gmt 0)

Bummer, there goes the 'hood.

WeaselyOne

5+ Year Member



 
Msg#: 3620785 posted 6:13 pm on Apr 8, 2008 (gmt 0)

While the title of this thread is "Yahoo says it's not be opposed to a Microsoft deal" the article seemed to show they are only making such comments in an attempt to stay on the good side of their investors.

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