Marik Posted April 7, 2008 Share Posted April 7, 2008 You may remember the rumour-that-came-true a few months ago in which Microsoft wanted to takeover Yahoo. Well now Microsoft CEO Steve Ballmer has given Yahoo an ultimatum regarding the takeover bid.In a letter addressed to the Yahoo board of directors he gives them 3 weeks to accepts a $31-a-share offer. Ballmer notes:"If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors.”He then offers the alternative; "That action will have an undesirable impact on the value of your company from our perspective which will be reflected in the terms of our proposal."It seems Yahoo has two options, go easily and get around $3 more a share or reject the deal or receive a hostile takeover in which must mean Microsoft is deadly serious. What remains to be seen is if Microsoft will be the target of more anti-trust suits because its buying out one of its primary competitors.Personally: I can't wait for yahoo to go down! Source: NeoWin Link to comment Share on other sites More sharing options...
dMog Posted April 7, 2008 Share Posted April 7, 2008 Why would you want yahoo to go down to Microsoft.... sort of like jumping from a hot frying pan directly into the fire isn't it? :rolleyes:EDIT: I feel it is never good for any ONE entity to hold a monopoly on anything Link to comment Share on other sites More sharing options...
Marik Posted April 7, 2008 Author Share Posted April 7, 2008 because i just hate yahoo messenger and the yahoo service :rolleyes:+ I can't wait to see the faces of all my m8's when yahoo shuts down and ym is no more!!! :dance2: :party: :o :lmao: Link to comment Share on other sites More sharing options...
Potrzebie Posted April 8, 2008 Share Posted April 8, 2008 This is probably just a part of the game. Microsoft releasing this to the public to make them look all serious about buying Yahoo, regardless of cost. Adds credability, but there is little gain for Microsoft in overpaying for Yahoo!, so I'd say it is trash talk. Unless they need to close the deal fast to avoid a bidding war with other major players, such as google. Link to comment Share on other sites More sharing options...
LoKz Posted April 8, 2008 Share Posted April 8, 2008 If M$ buys Yahoo they could shut down there email and redirect it to hotmail lol imagine people Link to comment Share on other sites More sharing options...
mjall Posted April 9, 2008 Share Posted April 9, 2008 i don't see it happenening not unless yahoo is in a financial loss i don't see a point in selling it to MS even if the money offered is big, it just does not make sense especially if yahoo is owned by business minded people Link to comment Share on other sites More sharing options...
Marik Posted April 9, 2008 Author Share Posted April 9, 2008 maybe it's coz the service provided by yahoo stinks Link to comment Share on other sites More sharing options...
dMog Posted April 9, 2008 Share Posted April 9, 2008 i don't see it happenening not unless yahoo is in a financial loss i don't see a point in selling it to MS even if the money offered is big, it just does not make sense especially if yahoo is owned by business minded peopleYou need to understand about take over bids, offers to buy, and HOSTILE takeovers...hostile takeovers basically mean that the OLD board of directors get crapped on instead of millions of dollars :( Link to comment Share on other sites More sharing options...
dock98 Posted April 9, 2008 Share Posted April 9, 2008 maybe it's coz the service provided by yahoo stinksi agree with you but so whats that got to do with the takeover?if they weren't making money they would sell in a heartbeat. Link to comment Share on other sites More sharing options...
dMog Posted April 10, 2008 Share Posted April 10, 2008 maybe it's coz the service provided by yahoo stinksi agree with you but so whats that got to do with the takeover?if they weren't making money they would sell in a heartbeat.maybe they are just holding out for more money to be offered to the board... you know like a mere 50 t0 60 million dollars each over and above what has alreadt been put on the table...micro soft would not ant to buy unless it was worth untold millions in profit for them.... so hence the board asking for more in this way. Link to comment Share on other sites More sharing options...
Time Posted May 21, 2008 Share Posted May 21, 2008 hehe,very good,i agree with you Link to comment Share on other sites More sharing options...
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