Yahoo said on Saturday it has rejected a joint proposal from Microsoft and activist investor Carl Icahn that would have involved Yahoo selling its search business to Microsoft.Yahoo said in a statement that it received the proposal on Friday evening and was given less than 24 hours to accept.
The Internet company said the terms proposed by Microsoft and Icahn were inferior to Yahoo's existing search advertising agreement with Google Inc, and would have precluded a potential sale of all of Yahoo for a full and fair price.
View: Full Article @ Reuters
http://finance.yahoo.com/echarts?s=YHOO#ch...ource=undefined
research before you speak :p
http://finance.yahoo.com/echarts?s=YHOO#ch...ource=undefined
research before you speak :p
That's before the stock markets open for the new week though ...
Either Microsoft will buy Yahoo! (and deal with a lot of annoying antitrust work) or not.
Can we just ignore this until something actually happens?
10 Microsoft makes offer
20 Yahoo rejects offer
30 Stockholders upset
40 Goto 10
It gets boring
10 Microsoft makes offer
20 Yahoo rejects offer
30 Stockholders upset
40 Goto 10
It gets boring
It would be nice if the negations took place in Basic. The problem is that Microsoft insists on writing that program in .NET Framework and Sliverlight, while Yahoo wans to use their own propitiatory APIs.
(Sorry if that was that too obtuse of an analogy for you.)
10 Microsoft makes offer
20 Yahoo rejects offer
30 Stockholders upset
40 Goto 10
It gets boring
It would be nice if the negations took place in Basic. The problem is that Microsoft insists on writing that program in .NET Framework and Sliverlight, while Yahoo wans to use their own propitiatory APIs.
(Sorry if that was that too obtuse of an analogy for you.)
No apology needed - I am amazed you picked up on the BASIC referenced used. Next time I'll do it in FORTRAN
Without Yahoo, MS Live/MSN is doomed. Look at the marketshare numbers.
I also wonder how much MS paid Icahn to start this being as he is the main person behind all this mess. He's the one pushing to get this going.
And mark my words, Yahoo has something up their sleeves with Google.
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