Yahoo 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. The decision could provoke a showdown between two of the world's most prominent technology companies with Internet search leader Google Inc. looming in the background...
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. The decision could provoke a showdown between two of the world's most prominent technology companies with Internet search leader Google Inc. looming in the background...
No it was MS that wanted buy them, but then Google brought a 5% stake in them.
No it was MS that wanted buy them, but then Google brought a 5% stake in them.
No there was a story today somewhere that Yahoo wants to buy AOL now
No it was MS that wanted buy them, but then Google brought a 5% stake in them.
No there was a story today somewhere that Yahoo wants to buy AOL now
Mind looking around for it again? I'm a little doubtful but interested nonetheless.
No it was MS that wanted buy them, but then Google brought a 5% stake in them.
No there was a story today somewhere that Yahoo wants to buy AOL now
Mind looking around for it again? I'm a little doubtful but interested nonetheless.
Google it for both stories
If they do get bought out do you think MS will axe MSN and Windows Live. Does anyone else think they're a shambles ? Microsoft just seem to have way too many services, all over the place. I know Live is new and all, but it's just come off as lame from the start.
Last edited by OceanMotion on 11 Feb 2008 - 19:25
First of all, MS has always copied ideas or bought anything it couldn't beat. MS lost not just to Google, but to Yahoo. You think Yahoo is doing bad? MS Live is doing even worse. Except MS has billions to throw at Live to keep it afloat. Apparently, MS has billions to throw at Yahoo too? But I don't see how buying Yahoo will help MS, other than give MS the opportunity to kill off one of its competitors. Yahoo users don't give a damn about Yahoo very much, and they really won't give a damn about MS Live.
MS's strategy of imitation and its arrogant attitude towards Windows users, which MS treats like a captive audience, is coming back to haunt MS. Now MS is caught up in a dozen non-profitable schemes and its cash cows are starting to lose their exclusivity. Windows users are either not upgrading like MS demands they do, or they are finding that alternatives to MS's tyranny exists.
That same arrogant attitude is the reason why no one wants to use MS services. People have learned that dealing with MS is like dealing with the devil. MS is a dishonest company.
That was quite ignorant. Yahoo's services have been around for over a decade, while Live has just recently established itself in the past two years.
And this imitation, you say.. I ask you to name one company that doesn't improve on other's ideas but rather does everything totally randomly. It's a strategy, and it's bringing in billions. If I was in control of Microsoft, I wouldn't destroy a perfect money making strategy in order to make a few people happy.
Microsoft need to start looking at making money outside the US, because the economy is just about to implode. I would suggest that the purchase of Yahoo (which would use a sizable chunk of Microsoft's cash reserve) is to generate cash outside North America. MS markets by geographical breakdown. (based on volumes) in 2004: Europe. 28%. North. America. 28%. Asia. 30%. Rest of the. World. 14%. Wonder what it is now!
Google doesn't have the money to even approach MS's bid, let alone surpass it.
And the board obviously can't accept a lower offer, regardless of who it's from.
sadly, its all about the money...
Yahoo wants them to offer more, is all. Or, somebody else to top that!
IT'S ALL ABOUT THE MONEY AND NOTHING ELSE, PERIOD!!
That was dumb
That said, I am glad the purchase didn't go through. I don't see the benefit for either side and really like Yahoo and Microsoft the way they each are.
"The Yahoo! response does not change our belief in the strategic and financial merits of our proposal. As we have said previously, Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!’s shareholders are provided with the opportunity to realize the value inherent in our proposal."
A hostile takeover in the making ???
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