News Yahoo! rejects Microsoft offer

Discussion in 'Article Discussion' started by Tim S, 11 Feb 2008.

  1. Tim S

    Tim S Well-Known Member

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  2. samkiller42

    samkiller42 For i AM Cheesecake!!

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    Ouch, that will be some blow to MS, and i bet Google are rolling around in joy. $60billion is some figure, would it be worth MS's trouble if its that amount?

    Sam
     
  3. mikeuk2004

    mikeuk2004 What you Looking at Fool!

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    Nice to see that Yahoo isnt going to roll over becuase its MS. Now, are MS going to play ball?
     
  4. [USRF]Obiwan

    [USRF]Obiwan New Member

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    If i would be MS, i would say: Well... then i will pass. bye.

    That would be really awesome to do, because then yahoo shares drop like a melting iceberg...
    But then Google will probably buy them for 1/3 of the MS price.
     
  5. Cupboard

    Cupboard I'm not a modder.

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    Is this a suicide attempt from Yahoo? They really need to get a grip. Personally, it doesn't really bother me (I mean it would be nice to got Google some competition but I don't know if I would want it to be from Microsoft) but from Yahoo's perspective this is just ridiculous.
     
  6. lewchenko

    lewchenko New Member

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    Yahoo dont really want to sell. But if they are forced to sell, then they will extract the highest possible price from MS. A shame really.. that greed is driving this deal, and not the merit of whether it makes strategic sense.

    By delaying like this, the yahoo senior board members will be hoping to make even more money from any such deal. Of course it could all backfire on yahoo as well.... such is the nature of the risk.

    I didnt even think yahoo was valued anywhere near the original MS bid, which was already 62% over and above what they market thought yahoo was actually worth.

    I also read that google only has about 6Billion in cash going spare, so a google buyout would need to be heavily share based rather than the 23Billion cash offer from MS.

    My view is that MS is over paying... just like Ebay did with Skype, and AMD did with ATI etc etc.
     
  7. oasked

    oasked Stuck in the Mud

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    If MS pay that much for Yahoo then they're idiots - it's not worth anything like that much money.
     
  8. Tim S

    Tim S Well-Known Member

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    Yahoo! has issued a statement... story has been updated to reflect this.
     
  9. RTT

    RTT #parp

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    Google must be wetting their pants with laughter over this...
     
  10. naokaji

    naokaji whatever

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    nope, they are just trying to jack up the price..... like 40 something billions (~60% over current share value) woudnt be enough, greedy *******s.
     
  11. EmJay

    EmJay New Member

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    Notice that they're dickering about price, not about whether or not they want to sell... I'm guessing this is going to go through, it's just a matter of who's going to give in on price first.
     
  12. Flibblebot

    Flibblebot Smile with me

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    But it didn't "overvalue" their brand until the share price went through the roof on the back of rumours about an MS takeover. The original offer was a 60% premium on the current share price. I'm sure MS will be happy to wait until the share price sinks again.
     
  13. Major

    Major Guest

    So how owns the majority of Yahoo then?
     
  14. HourBeforeDawn

    HourBeforeDawn a.k.a KazeModz

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    so that means that instead of yahoo taking their offer, M$ just has to sit back and start buying up yahoo shares until they become majority owner and then yahoo loses out big time.
     
  15. The_Beast

    The_Beast I like wood ಠ_ಠ

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    M$ will suck up share of yahoo

    Yahoo should have taken the deal
     
  16. rhuitron

    rhuitron Bump? What Bump?

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    I will laugh out Loud if tomorrow or this week, something where to happen to Yahoo and made it "hit to the ground running" stock-wise.
     
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