Microsoft today announced that it is continuing to explore and pursue alternatives to improve and expand its online services and advertising business, through an alternative arrangement with Yahoo!. Microsoft says it is considering and has raised with Yahoo! an alternative that would involve a transaction with Yahoo! but not an acquisition of all of Yahoo! Microsoft is not proposing to make a new bid to acquire all of Yahoo! at this time, but says they reserve the right to reconsider that alternative depending on future discussions with Yahoo!
In response, Yahoo! and its Board of Directors said they continue to consider a number of value maximizing strategic alternatives for Yahoo!, and say they remain open to pursuing any transaction which is in the best interest of their stockholders.
View: Yahoo Press Release | Microsoft Press Release
Personally I'd rather MS just give up for good and spend some of that money they were trying to throw at Yahoo! into a more worth while endevour. That is my 2 cents, take with a grain of salt.
In a roundabout sort of way, you can see this working to Microsoft's favour. The more they try to feign interest in Yahoo, the more Yahoo will go under. Until Yahoo is destroyed by it's own shareholders and implodes.
Sad that business has to work this way, and disappointing that Microsoft is going back to tactics of yore.
But it's rather cunning too... in a roundabout sort of way.
lol sounds a bit like my ex lol
I know it may be how the company intended the name to come across, but when reading an exclamation point should always denote the end of a sentence. I kept pausing in the article above where they'd used it so many times.
Yahoos CEO only has untill the 3rd July till he is sacked (when Yahoos board is likely to change). Icahn is not happy and he is the shareholders (well he own 4.3% and is still buying, I think he was after 10%).
In view of the shareholders they should sell..... in view of people who hate Microsoft they shouldnt.
Commenting has either been disabled on this article or you are not logged in. Click here to login or register, its free!
Note: Anonymous commenting is disabled in order to keep the quality of responses to a high standard.