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> Microsoft ready to get rough with Yahoo
Xbox-Scene
post Feb 20 2008, 07:29 PM
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Microsoft ready to get rough with Yahoo
Posted by XanTium | February 20 13:29 EST | News Category: Xbox360
 
From sfgate.com:
[QUOTE]
Microsoft Corp. is poised to try a hostile takeover of Yahoo Inc. by nominating its own slate of directors if the Sunnyvale Web portal fails to start negotiating its sale, according to a person familiar with the matter.

Microsoft's plan comes a little more than a week after Yahoo formally rebuffed a $44.6 billion acquisition proposal that would combine the two technology industry pioneers. The unsolicited offer substantially undervalued Yahoo and was not in the interest of its shareholders, Yahoo's board said.

Unwilling to take no for an answer, the Redmond, Wash., software behemoth is preparing a hostile bid - a proxy fight - that would ratchet up what is already among Silicon Valley's most high-profile takeover sagas. Such a tactic would open the door to months of campaigning by both companies for the hearts and minds of investors, who would be buffeted by conflicting viewpoints about Yahoo's future.

For Microsoft, trying to install a new board has its obvious advantage, aside from stacking a merger vote in the company's favor. The cost would be around $20 million to $30 million - mostly for legal and adviser fees - compared with spending billions dollars on a sweetened merger offer, according to the source, who is not authorized to speak publicly about the developments.
[/QUOTE]

Full Story: sfgate.com

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bucko
post Feb 20 2008, 08:30 PM
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can someone explain to me how Yahoo is going to improve MS Live search? I still don't think it's a good idea for MS to waste loads of money on this.

MS has pretty much the same services Yahoo offer, afaik so why are they so keen to get this company?
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Mr_Milenko
post Feb 20 2008, 10:34 PM
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who would you trust, Microsoft or Yahoo.. think about it..
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NoFace
post Feb 20 2008, 10:34 PM
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Thats it MS... When someone has something that you want, you have to force it from them dry.gif
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88 Ecko Unltd 88
post Feb 21 2008, 07:37 AM
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typical microsoft always wanna get what they cant wink.gif
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slimdagreat
post Feb 21 2008, 07:39 AM
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QUOTE(bucko @ Feb 20 2008, 03:06 PM) *

can someone explain to me how Yahoo is going to improve MS Live search? I still don't think it's a good idea for MS to waste loads of money on this.

MS has pretty much the same services Yahoo offer, afaik so why are they so keen to get this company?


its because they want to overtake Google.

Microsoft thinks they should own everything computer/internet related
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hamwbone
post Feb 21 2008, 10:09 AM
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microsft should buy walmart. then i would never have to leave my house. i could download games, buy beer, order a rotisserie chicken and get my taxes done all in the Wal-Soft market place!
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Seina
post Feb 21 2008, 10:47 AM
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All of you are delinquent on your payments for the service "The Universe", a property recently acquired by Microsoft. Please bring these account balances into compliance or Microsoft will be forced to discontinue support for your lives. Thank you.
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DeMoN_DARREN
post Feb 21 2008, 04:53 PM
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SOOOOOOOOOO many better companies to buy instead of Yahoo! inc.. One website suggested Sony, which I think would be excellent idea
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