Microsoft Says It Would Deal With New Yahoo Board
Posted by Daniel Fleshbourne on 07 July 2008 - 16:56 · 11 comments & 2930 views
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Full name: Daniel Fleshbourne
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Full name: Daniel Fleshbourne
Forum name: Daniel
Contact: via forum PM
Submissions: Normal · Headline
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(2 replies)
#1 Posted by X'tyfe on 07 Jul 2008 - 17:15
- i hate to say it, but microsoft played their cards right on this one
it always beats the hostile takeovers there so very used to -
#1.1 Posted by
markjensen on 07 Jul 2008 - 17:35
- Wow. If Microsoft wants to wipe out a company or their leaders, they can make an offer to buy the company (which would then mean the end of the company as it is "absorbed" into Microsoft), or if the offer (which seemed to be very fair) is rejected, they can say "we will talk with a new board" to get the existing board removed.
It must be good to be the 500 pound gorilla.
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(1 reply)
#2 Posted by thealexweb on 07 Jul 2008 - 17:21
- The end of Jerry Yang is in sight.
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(3 replies)
#3 Posted by +mad_onion on 07 Jul 2008 - 18:21
- lol microsoft just doesn't know the meaning of giving up does it. once it gets it's eyes set on something it seems it takes a LOT to stop them getting what they want.
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#3.1 Posted by ricknl on 07 Jul 2008 - 19:38
- I believe this is the key to success for anything in life. As long as you're not unfair to others there is nothing wrong with the attitude.
Last edited by ricknl on 07 Jul 2008 - 19:53 -
#3.2 Posted by thenonhacker on 07 Jul 2008 - 23:08
- Dear mad_onion,
Yahoo doesn't know a good deal when they have one.
Look at poor Yahoo right now, whose value per share has dropped
from $34 downto a meager $23.91 (as of this writing).
Yahoo decided to reorganize itself after rejecting the MS deal,
but it was too late. Many key people in Yahoo left for other companies.
Some even started their own companies.
And so here is Yahoo in peril.
Their days are numbered.
Their chances of success are getting lower each day.
So now the question is:
Should Yahoo just give up and get bankcrupt?
Or do what any smart businessman would do,
which is to sell the company before it's too late?
Regards,
thenonhacker -
#3.3 Posted by MightyJordan on 08 Jul 2008 - 15:06
- (thenonhacker said @ #3.2)Yahoo doesn't know a good deal when they have one.
You're right there. Yahoo were going downhill and didn't look like they were coming back up, and then Microsoft tried to buy them, and then their stocks rose. They turned it down, and then the stocks plummeted.
They've got two choices: either let Microsoft buy them, or dig their own grave.
Yahoo officials were not immediately available for comment. In its statement, Microsoft said that, after Yahoo's shareholder meeting this quarter, it would be "interested in discussing with a new board a major transaction with Yahoo!, such as either a transaction to purchase the "Search" function with large financial guarantees or, in the alternative, purchasing the whole company."