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Old 12th Feb 2008, 15:39   #1
Tim S
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Microsoft responds to Yahoo!'s rejection

http://www.bit-tech.net/news/2008/02...oo_rejection/1

Microsoft has issued a statement following on from Yahoo!'s rejection of the proposed merger. Could the company still pursue the merger, turning it into a hostile takeover?

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Old 12th Feb 2008, 15:53   #2
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It does sound like a "You will be assimilated" speech doesn't it
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Old 12th Feb 2008, 16:08   #3
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I am reminded of a pic from a few years ago of a Borg with Gate's smile face put on it
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Old 12th Feb 2008, 17:01   #4
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Quote:
Originally Posted by Blademrk
It does sound like a "You will be assimilated" speech doesn't it
Just a bit.
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Old 12th Feb 2008, 17:14   #5
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Old 12th Feb 2008, 17:32   #6
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Oh so true.
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Old 12th Feb 2008, 19:21   #7
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Hostile takeover? How can Microsoft buy / takeover Yahoo! without Yahoo!'s consent?
I'm sorry if this is a stupid question, but I'm not familiar with corporate business procedures and tactics.
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Old 12th Feb 2008, 19:32   #8
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Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!’s shareholders are provided with the opportunity to realize the value inherent in our proposal.
Sounds hostile to me
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Old 12th Feb 2008, 19:38   #9
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They buy shares and continue to buy shares until they own a majority of the group/company (at least thats the way I think it works).

but to be honest does Billy Gates need to get any richer he already has a REPORTED fortune in excess of 62 BILLION though he is no longer considered the worlds richest man that now goes in this order

The five richest people in the world with their net worth (as of October 29 2007)

1. Mukesh Ambani ($63.2 billion)

2. Carlos Slim Helu ($62.2993 billion)

3. William (Bill) Gates ($62.29 billion)

4. Warren Buffett ($55.9 billion)

5. Lakshmi Mittal ($50.9 billion)
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Old 12th Feb 2008, 19:51   #10
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Quote:
Originally Posted by Faulk_Wulf View Post
Hostile takeover? How can Microsoft buy / takeover Yahoo! without Yahoo!'s consent?
I'm sorry if this is a stupid question, but I'm not familiar with corporate business procedures and tactics.
http://en.wikipedia.org/wiki/Takeover

was in the last thread, but useful here too
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Old 12th Feb 2008, 20:01   #11
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I just realized that if you combine both names, it still sounds like "Microsoft"...

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Old 12th Feb 2008, 20:14   #12
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Quote:
Originally Posted by Ryu_ookami View Post
They buy shares and continue to buy shares until they own a majority of the group/company
That way they're guaranteed a win and outright control, but really they just need over 50% of the shares voting on their side. So "Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!’s shareholders are provided with the opportunity to realize the value inherent in our proposal" means putting an attractive case to the shareholders and getting enough of their votes. Or as the other Mafia might put it, making them an offer they can't refuse.
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Old 12th Feb 2008, 22:58   #13
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time for a hostile take over.
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Old 13th Feb 2008, 01:01   #14
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TAKE OUT THE SIEGE WEAPONS!!!!!
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Old 13th Feb 2008, 02:11   #15
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Quote:
Originally Posted by DXR_13KE View Post
TAKE OUT THE SIEGE WEAPONS!!!!!

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Old 13th Feb 2008, 03:21   #16
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Shortened it for Microsoft,

"This is Madness! "
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Old 13th Feb 2008, 07:56   #17
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The Yahoo! response does not change our belief in the strategic and financial merits of our proposal. As we have said previously, Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!’s shareholders are provided with the opportunity to realize the value inherent in our proposal.
If you say it as a borg then it actualy sounds hostile too.

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Old 13th Feb 2008, 08:42   #18
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well yahoo had a chance to make some money but now M$ will just start buying shares up until they are 51% shareholder and take over the company... lol oh well yahoos loss.
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Old 13th Feb 2008, 14:24   #19
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Quote:
Originally Posted by BurningFeetMan
"This is Madness! "
Madness???

THIS IS YAHOOOOOOOOOOOO!!!!!!
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Old 13th Feb 2008, 14:29   #20
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just brings to mind: WTFH don't i have yahoo stocks?

preferably 1%.. oh what a shame what a shame...


i still don't get the part : WTF does M$ want Yahoo for anyways? im reading and reading and reading.. and still don't get the point...

no go away with yer crossplattform user convinience poop... Whats in it for M$?
Or is it like with really rich people? I can only drive 1 car.. but i need a 2nd? and i can pay cash?

nobody buys a dead dog....sooo..
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