Microsoft ups Yahoo offer above $31 in bid for friendly deal
Posted by Troll on 03 May 2008 - 11:09 · 20 comments & 5405 views
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(2 replies)
#1 Posted by MulletRobZ on 03 May 2008 - 14:44
- Why doesn't Microsoft just give up already? They know such a merger would not be approved by antitrust regulators in the United States and in Europe.
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#1.1 Posted by Sumeet on 03 May 2008 - 17:42
- Why not? google owns most of the web search and ad market. This wouldnt create a monopoly. I dont see why it wouldnt go through.
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#2 Posted by HalcyonX12 on 03 May 2008 - 15:05
- I thought MS were ready for a hostile takeover?
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(4 replies)
#3 Posted by Evolution on 03 May 2008 - 17:29
- Why wouldn't the merger be approved? Google would still be #1 in ads and search engine users.
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#3.1 Posted by MightyJordan on 03 May 2008 - 21:36
- (Evolution said @ #3)Why wouldn't the merger be approved? Google would still be #1 in ads and search engine users.
I'm afraid you're wrong there.
In Alexa's rankings:
Google: 2nd
Yahoo: 1st
Windows Live: 4th
Yahoo are already the leader here, so Microsoft would be owning the most visited site in the world. -
#3.2 Posted by STV on 03 May 2008 - 22:30
- (MightyJordan said @ #3.1)(Evolution said @ #3)Why wouldn't the merger be approved? Google would still be #1 in ads and search engine users.
I'm afraid you're wrong there.
In Alexa's rankings:
Google: 2nd
Yahoo: 1st
Windows Live: 4th
Yahoo are already the leader here, so Microsoft would be owning the most visited site in the world.
How old are you?
*Checks profile*
Oh wait, never mind.
http://www.comscore.com/press/release.asp?press=2068U
Where did you get that info from? Oh! From here: Alexa: Top Sites
Alexa is irrelevant and has been for quite some time.
STV
Last edited by STV on 03 May 2008 - 22:36 -
#3.3 Posted by
markjensen on 04 May 2008 - 02:47
- (STV said @ #3.2)How old are you?So, you are claiming that posts by younger people can be disregarded?
*Checks profile*
Oh wait, never mind.
Well, my "41" trumps your mere "22"!
My, what a silly way of determining post value! -
#3.4 Posted by MightyJordan on 04 May 2008 - 15:50
- (STV said @ #3.2)(MightyJordan said @ #3.1)(Evolution said @ #3)Why wouldn't the merger be approved? Google would still be #1 in ads and search engine users.
I'm afraid you're wrong there.
In Alexa's rankings:
Google: 2nd
Yahoo: 1st
Windows Live: 4th
Yahoo are already the leader here, so Microsoft would be owning the most visited site in the world.
How old are you?
*Checks profile*
Oh wait, never mind.
http://www.comscore.com/press/release.asp?press=2068U
Where did you get that info from? Oh! From here: Alexa: Top Sites
Alexa is irrelevant and has been for quite some time.
STV
OK, I stand corrected. I don't know much about this. I just read the Alexa rankings I get for each page courtesy of IE7Pro! I think it counts how long people spend on each site, and it counts every page linked to each domain. That's probably why Yahoo are top, as they have a million different sections!
Neowin isn't doing too bad, either! We're 3,678 on Alexa!
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#4 Posted by soldier1st on 03 May 2008 - 17:49
- Yahoo wont budge as it is not in there interests to allow MS to do this.i bet even if MS offered yahoo All It had Yahoo still would not not Budge.
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(1 reply)
#5 Posted by Tzimisce on 03 May 2008 - 18:13
- Well at least yahoo is intelligent.
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#5.1 Posted by PGHammer on 04 May 2008 - 00:24
- Oh, please. Yahoo is anything *but* intelligent. Google is eating Yahoo alive in every market but IM (despite the presence of GoogleTalk, Google is really not pushing it that hard; notice GoogleTalk's absence from GoogleApps). Even Yahoo admits this. However, MS is pulling out of chasing Yahoo (for now), letting Yahoo stew (sources: AP via MSNBC). Yahoo wanted more money, saying that MS' bid undervalued the company. What MS is doing is pulling out and watching the resultant pole-axing Yahoo's stock will take as a result. Once that happens, Yahoo will come back, *pleading* with MS to make the offer they originally rejected.
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#6 Posted by Xerxes on 04 May 2008 - 00:36
- Why can't MS just give up already? Yahoo! have and will do anything to stop MS buying them and so far have stopped MS at every turn, the company hates MS with every fiber of their being! MS is NOT getting Yahoo!, they would rather go under then be bought by MS. If anything Yahoo! will probably beg Google to buy them just to stick it to MS
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#7 Posted by Jugalator on 04 May 2008 - 01:15
- It might be over soon...
According to this, MS upped their offer to $33/share while Yahoo wouldn't go lower than $37/share, and the talks broke down so MS might real soon now withdraw the bid altogether.
http://www.techcrunch.com/2008/05/03/break...icrosoft-walks/
Update: Scratch that.. It IS over now:
http://www.microsoft.com/presspass/press/2...ress%20Releases
There will also be no hostile takeover by MS.
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(2 replies)
#8 Posted by warr on 04 May 2008 - 01:22
- It's over. What a fiasco from MS.
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#8.1 Posted by LTD on 04 May 2008 - 01:30
- Flip-flopping on commitments, then failing to deliver, has been pretty standard practice at MS for a few years now.
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#8.2 Posted by PGHammer on 04 May 2008 - 12:01
- How is actually listening to the target (who is so desperate to spurn MS that they would even agree to poison the company by allying with fellow drownee AOL) a fiasco or failing to deliver? Yahoo's board (not necessarily the majority of their stockholders) is so anti-Microsoft that they were absotively posilutely determined to spike the deal. Worse (for Microsoft) they are already being circled by hyenas (especially in the EU) that are determined to nibble the company to death (for reasons having nothing to do with any so-called anticompetitive practices than simply because they tried to compete by stacking the deck in the marketplace and the marketplace rebelled, such as the infamous XP N Editions created solely at the EU's behest).
Apparently, Microsoft is realizing that it can win by *not* riding to the rescue of a failing company (such as Yahoo).
However, watch a lot of pundits excoriate Microsoft for actually listening to Yahoo saying "No Thanks" after Yahoo implodes.
Quite frankly, as a Yahoo stockholder (that also owns Microsoft and even Google stock), I'm decidedly upset with the Yahoo board's actions, especially since they have not proven that their ability to improve shareholder return is worth their salaries.
However, those that are roundly castigating Microsoft for *not* going hostile and taking over Yahoo are probably the same folks that are castigating the US for *not* sending troops to Darfur to end the slow genocide and civil war going on there (while, at the same time, castigating the US for toppling, and then helping apprehend, Saddam Hussein, who was known to have practiced genocide against Kurds within Iraq itself). In short, doing the right thing when it's in your best interest is somehow wrong, whereas doing the "right thing", even when your own citizens largely oppose it (and its not in your own best interests as a nation, either), is supposed to be good? (Never mind that the United States has NO vital interests in the Sudan; in fact, neither does anyone else! While the United States does not, and has not, imported oil from Iraq since prior to the original 1973 Arab oil embargo, the EU nations have, and largely still do, as does Japan. Therefore, getting rid of Saddam, who we of the West helped create in the first place, was indeed in the best interests of the United States, and even Europe.) Nations act in what is perceived to be their own best interests; yes, that even includes Saddam's attempted robbery-writ-large invasion of Kuwait that touched off Desert Storm. (Remember, we of the West, in particular the US and most of what is now the EU, *supported* Saddam in the war with Iran; how worried was he?)
It continues to strike me as somewhat bonkers that those that roundly protest and call for the US to pull our troops *out* of Iraq (where they actually are doing some real good) do so in order to send them to Darfur in the Sudan (where the US has no vital interests, where our allies have no vital interests, and where even the other nations of Africa have told us to steer clear).
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#10 Posted by daniel_rh on 04 May 2008 - 02:43
- http://www.msnbc.msn.com/id/24445554>1=43001
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#11 Posted by boho on 04 May 2008 - 03:24
- Shame this deal has now just fallen through,
I was looking forward to seeing the blood on the carpet. Still let's watch Yahoo shares tank, (probably part of MS cunning plan), so we may yet see two lots of blood letting instead.
I am in no doubt that MS desperately want to get rid of it's huge pile of cash - plummeting (fiat) paper dollars - in the same ways people of the world are now buying commodities. The dollar is in trouble, and MS want to have something less tenuous, than a load green paper (or dodgey US government bonds).
The Redmond, Wash.-based software maker upped its offer beyond the original value of $44.6 billion, or $31 per share, according to a person familiar with the matter. The specifics of the new offer weren't known by this person, who didn't want to be identified because the negotiations are still confidential.
The New York Times, citing unnamed sources, reported Microsoft boosted the offer by "by several dollars" per share, lending weight to the assertion by many market analysts that Microsoft can afford to pay up to $35 a share. Representatives from Microsoft and Yahoo declined to comment on the negotiations. The talks were expected to continue into the weekend.
In an intriguing twist, Microsoft Chairman Bill Gates and Yahoo President Susan Decker were both expected to be in Omaha, Neb. this weekend to attend Berkshire Hathaway Inc.'s annual meeting. Both Gates and Decker are on the board of the company led by famed investor Warren Buffett. The prospect of a sweetened offer lifted Yahoo shares 80 cents in extended trading after surging $1.86, or nearly 7 percent, to finish the regular session at $28.67.