My thoughts on…Yahoo rejecting Microsoft’s takeover bid
February 12th 2008 -
I was gonna post this last night, but I got hit with some serious spyware. But it was no match for the combined forces of Spybot - Search and Destroy and Trojan Remover. Not a sponsored post by the way. Just giving some good products their props.
I’ve been watching Microsoft and Yahoo’s dealings after the merger was proposed, wondering what the outcome would be and what impact it would have on my life. At $44.6 billion, it seemed like they would take the bait. Seemed like a damn good figure to me. But apparently I was wrong, as Yahoo! has rejected the bid, reason being that the offer “substantially undervalues” one of the Internet’s most prized franchises. Well, I’m just a po’ black man. I won’t question the wisdom of the people who’re (who are!) used to that kind of dough.
Yahoo! is obviously playing hard-to-get. It knows it has Micro$oft by the balls, knowing that it’s their only hope of taking down Google. You can tell by their language. “The board of directors is continually evaluating all of its strategic options in the context of the rapidly evolving industry environment and we remain committed to pursuing initiatives that maximize value for all stockholders.” Translation (for those who don’t speak corporate): “We’re looking at our options, and we’ll take the best deal.”
I don’t blame Yahoo! I mean I’m no corporate bigshot, but I know when negotiating, the first offer is rarely the best. Micro$oft called the decision “unfortunate”, but just like a drunk frat boy alone with a coy cheerleader, it will not be denied (big surprise). That’s to be expected. They wouldn’t get where they were if they didn’t play rough. Micro$oft may have its way however, as a clause in Yahoo’s bylaws once thought to protect against hostile takeovers, may be nullified by replacing Yahoo’s 10 directors. Yahoo! isn’t safe yet, but for now, Google can breathe a sign of relief.
Related Posts:
- My thoughts on…the possible Microsoft/Yahoo! merger
- My thoughts on…Microsoft Surface
- My thoughts on…Bill Gates’ resignation from Microsoft
- My thoughts on…the pending release of Windows Beta 7
- My thoughts on…Bill Gates’ final day at Microsoft
chilli Says:
February 12th, 2008 at 7:31 pm
hey there. thanks for your comment on my blog *chilli*philosophy*. i mentioned your comment in my most recent post. it was interesting! i gave you a backlink by the way. check it out if you want.
thanks again
see you
chilli
chilli’s last blog post..Did You Know?
Stunner Says:
February 12th, 2008 at 8:28 pm
I agree with Yahoo, if you have the upper hand, use it! Microsoft has a lot of money to throw around.
Stunner’s last blog post..They Call Him Lil Superstar
Mad Bull Says:
February 12th, 2008 at 9:49 pm
Live free! Stay free, Yahoo!
Mad Bull’s last blog post..Kaluki!
Mad Bull Says:
February 12th, 2008 at 9:52 pm
Leon, you should take a look at this issue where my comments are getting posted with the website of the last person who commented being used instead of mine. Please…
Leon Says:
February 13th, 2008 at 2:30 am
Honestly Madbull, I don’t know how to fix that. I think it may be a flaw in the template, and my HTML skills aren’t advanced enough to fix it. I try to correct it manually whenever it occurs. As for you, simply ensure that it’s your homepage being submitted before you post your comment.
Jamaipanese Says:
February 13th, 2008 at 3:25 pm
yup Leon I think it’s a template flaw…sometimes the whole comments field is clickable and links to various websites.
of the yahoo M$ topic I say good move/response Yahoo. Time for M$ to make their second move or a third party to enter.
Jamaipanese’s last blog post..Meet the Smileys - 22 Custom Smileys for Jamaipanese.com
Gordon Swaby Says:
February 13th, 2008 at 3:40 pm
Lol have a look at my post, it’s hilarious:P http://www.gordonswaby.com/2008/02/10/message-to-yahoo-how-to-negotiate-with-microsoft-hillarious/
Gordon Swaby’s last blog post..How The World Will End, Awesome.
jdid Says:
February 13th, 2008 at 4:30 pm
yep I think this merger talk is far from dun
jdid’s last blog post..And it dont stop
Drwiz Says:
February 14th, 2008 at 6:14 am
And here is the latest news - “Yahoo Said to Be Restarting Talks With AOL”
Drwiz’s last blog post..7 Month Old Baby, Weighs 20 Kilograms !!
GC Says:
February 14th, 2008 at 3:20 pm
why does Yahoo have to sell at all? Aren’t they making money? Isn’t it enough for them? What the hell would they do with 44 billion dollars anyway?
I hate the fact that mergers and hostile takeovers of anything remotely successful is a foregone conclusion.
GC’s last blog post..Happy Valentine’s Day
taylor2nd Says:
February 15th, 2008 at 6:15 am
jdid has the right idea. this is far from over there will be sequels. also gc yahoo hasnt been doing that great on earnings as of late niether msn nor yaoo can truely compete in the web market in that field only one rules.. GOOGLEIS KING. in that regard the acquisition or better referred to as a merger makes alot of sense.
recent readings show that microsoft has bought danger (the hiptop / sidekick hand set owners and developers) ms is serious about what they’re trying to accomplish.
also yahoo is in talks about merging with news corp. many believe its a hold out ploy for a better bid from microsoft as there is no benifit inherent of the parnership or merger of the two
my two cents its 6:14 and yall have just been geeked in.
post made via htc tytn.
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geekelixir » Blog Archive » Yahoo Stepping up the game?? Says:
February 15th, 2008 at 9:25 am
[...] was denied the pleasures of gaining on google’s web based strides via the acquisition as yahoo rejected. Now this morning I’m over at My Blog Log you know looking around and what do i notice. I [...]