This morning, Yahoo officially rejected the proposed buyout by Microsoft, as was rumored last Friday. “Not enough money, Honey.” seems to be the reason, and I can’t help but think that this makes Microsoft look a little silly. The very public, very large, and seemingly hostile offer has exploded in their face. Yahoo plays Hardball. Who woulda thunk it?
Talk has been flying that Yahoo will go to Google for help, or even merge with AOL. The Times is saying that analysts predict Microsoft will scrounge up an additional $5 -12 billion (between seat-cushions) to match Yahoo’s wonderfully confident self-valuation, or take the bid directly to Yahoo shareholders, who will have a hard time turning down cold, hard, Monopoly money.
Interesting and interestinger.
11 February 2008
Yahoo Says No.
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2 comments:
Very interesting information. :) Thanks a lot for that. I guess Microsoft can't really do that thing they want for Yahoo.. And why would they do that? :)
Yahoo does not only play hardball, they also play Hard Gay.
http://youtube.com/watch?v=eOF89pSZHPg
Sorry, had to. No seriously, the first thing I thought of when I heard this merger possibility was dude, if Hard Gay replaces Clippy that will totally be a step up.
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