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Old Feb 9, 2008, 02:59 PM   #1
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Arrow Yahoo! to Reject Microsoft Bid - Source

The Wall Street Journal has reported that Yahoo plans to reject Microsoft's takeover bid, saying it 'massively undervalues' the company.

(Fortune) -- Yahoo plans to reject Microsoft's $44.6 billion takeover bid, the Wall Street Journal reported Saturday, citing a person familiar with the situation.

The source, according to the paper, said Yahoo's board believes Microsoft's offer of $31 per share "massively undervalues" the company and does not account for the risk that a deal could be blocked by regulators.

The source also said that the company is unlikely to consider any offer below $40 per share, according to the paper. Such a premium would increase the value of the takeover offer by $12 billion.

Microsoft would not comment to Fortune on the report.


Source: CNNMoney.com
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Old Feb 9, 2008, 04:46 PM   #2
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what is ms thinking anyway? They should invest more into their current portfolio. Like Zune, windows, and xbox. I really think this yahoo buy is a bad idea.
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Old Feb 9, 2008, 05:25 PM   #3
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Quote:
Originally Posted by Sound_Card View Post
what is ms thinking anyway? They should invest more into their current portfolio. Like Zune, windows, and xbox. I really think this yahoo buy is a bad idea.
perhaps they have so much money and they don't know what to do with it
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Old Feb 9, 2008, 06:01 PM   #4
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perhaps they have so much money and they don't know what to do with it

They should invest in R3D and give each member who has over 5K posts a million dollars.
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Old Feb 9, 2008, 06:27 PM   #5
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I hope yahoo doesn't do it. Yahoo doesn't need MS to come and F everything up.
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Old Feb 9, 2008, 06:36 PM   #6
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They should invest in R3D and give each member who has over 5K posts a million dollars.
I agree.
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Old Feb 9, 2008, 06:37 PM   #7
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I don't find anything Yahoo offers to be worth using.

They aren't worth half of 45M, so i still dunno why MS wants to throw away money.
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Old Feb 9, 2008, 07:03 PM   #8
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The idea was to gain the user base from the portal, I think this is nuts from Yahoo however. This bid is more than the company is worth and they are nuts to pass it up. In the end however I do not think it will hurt MS.

I think MS would be better servered to take like 2 billion of the proposed bid and use it to buy up the BEST talent from Google and Yahoo and then SMASH them.
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Old Feb 9, 2008, 09:57 PM   #9
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again i ask:

who uses yahoo! anyway? last time i visited the website was atleast 3 years ago.
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Old Feb 9, 2008, 10:38 PM   #10
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Quote:
Originally Posted by -n7- View Post
I don't find anything Yahoo offers to be worth using.

They aren't worth half of 45M, so i still dunno why MS wants to throw away money.
Zimbra email is a very good product.
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Old Feb 9, 2008, 11:44 PM   #11
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hey, at least it not AOL
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Old Feb 10, 2008, 10:15 AM   #12
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yahoo and aol have billions of page hits on their web properties every year. just because you or i don't use them doesnt mean that tens or even hundreds of millions of other people don't! aol may be #4, for example, but its still a player - and a HECK of a lot cheaper than Y! would be for msft to acquire... wouldn't help on the search-front, but aol has a heck of a lot of content, #2 email, #1 total IM, and quite the audience ad reach and click through from what i remember reading. maybe msft will look there next, except google owns a piece of aol already, so if msft acquired them it'd still have to pay google.
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Old Feb 10, 2008, 10:40 AM   #13
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Quote:
Originally Posted by TRD Supra View Post
I hope yahoo doesn't do it. Yahoo doesn't need MS to come and F everything up.
I hope yahoo does not **** up MS. I could give a rats ass about yahoo.
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Old Feb 10, 2008, 01:34 PM   #14
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Quote:
Originally Posted by Dave View Post
again i ask:

who uses yahoo! anyway? last time i visited the website was atleast 3 years ago.
I have a free Yahoo! e-mail account that I use when I want to sign up to forums and newsletters that I do not completely trust with my good accounts. In fact, I used it as my Rage3D e-mail address until a few months ago.
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Old Feb 10, 2008, 05:23 PM   #15
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I have a Yahoo account, but it's only used for access to unlimited music video watching on music.yahoo.com/www.musicvideos.com.
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Old Feb 11, 2008, 08:37 AM   #16
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So Yahoo! did reject the bid from MSFT. Next take-over target for both MSFT and Yahoo!: AOL. Wait and see...
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Old Feb 12, 2008, 07:08 PM   #17
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My ISP (Rogers) has some kind of deal with Yahoo, and the Rogers homepage is filled with Yahoo content, and I believe our email is even done through Yahoo servers. By buying Yahoo, Microsoft buys the contract with Rogers. I don't use the Yahoo/Rogers homepage, except maybe once a week to check the spam filter, but a lot of customers get it set up by the installation disk and just leave it in place.
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