Microsoft(R) Yahoo!!!
Microsoft Proposes Acquisition of Yahoo!
Friday, February 1, 2008 by BX | Discussion: WinCustomize News
Betanews.com reports that Microsoft has offered a colossal bid for acquisition of Yahoo. Microsoft's official statement headlined as
"Microsoft Corp. today announced that it has made a proposal to the Yahoo! Inc. Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. Microsoft’s proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer represents a 62 percent premium above the closing price of Yahoo! common stock on Jan. 31, 2008"
Betanews also reports, "In its own statement this morning, Yahoo confirmed that it is considering what it characterizes as an unsolicited takeover proposal.
"[The] Board of Directors will evaluate this proposal carefully and promptly in the context of Yahoo's strategic plans and pursue the best course of action to maximize long-term value for shareholders," the statement reads."
Click here for Mircosoft's official statement.
Click here for Yahoo's official statemen.
king819
Reply #2 Friday, February 1, 2008 3:49 PM
Reply #2 Friday, February 1, 2008 3:49 PM
This relates to the internet part of the companies , It has to do with Microsoft and yahoo trying to get ahead of goggle.
king819
Reply #3 Friday, February 1, 2008 6:19 PM
Reply #3 Friday, February 1, 2008 6:19 PM
Yahoo just put out a media response it is at:
http://yhoo.client.shareholder.com/press/announcement.cfm
http://yhoo.client.shareholder.com/press/announcement.cfm
JeremyG
Reply #4 Friday, February 1, 2008 6:22 PM
Reply #4 Friday, February 1, 2008 6:22 PM
It's more than just "trying to get ahead of google".
They will also likely "poison the water supply" of google's main business by blitzing the advertising market with lower prices, forcing google to loose income.
They also gain the HUGE online services of Yahoo mail and IM, making it a powerhouse in the IM business, which is a lot more advertising dollars as well. Google's IM network is limited, and AOL is...well, AOL.
They also aquire flickr, HotJobs, GeoCities, and many other stuff. Many of these products can be folder up quickly and easily into "Microsoft Live"....likely within 2 years.
There's also a ton of technologies and talents owned by Yahoo! that Microsoft can make good use of. Yes....some of those talents probably hate Microsoft and will quit, but eh almighty dollar will keep a good amount of them.
They will also likely "poison the water supply" of google's main business by blitzing the advertising market with lower prices, forcing google to loose income.
They also gain the HUGE online services of Yahoo mail and IM, making it a powerhouse in the IM business, which is a lot more advertising dollars as well. Google's IM network is limited, and AOL is...well, AOL.
They also aquire flickr, HotJobs, GeoCities, and many other stuff. Many of these products can be folder up quickly and easily into "Microsoft Live"....likely within 2 years.
There's also a ton of technologies and talents owned by Yahoo! that Microsoft can make good use of. Yes....some of those talents probably hate Microsoft and will quit, but eh almighty dollar will keep a good amount of them.
king819
Reply #5 Friday, February 1, 2008 6:57 PM
Reply #5 Friday, February 1, 2008 6:57 PM
I agree but by doing all of those things, Including "poison the water supply" they will be getting the upper hand on goggle.
They will probably also take the unlimited storage of yahoo mail and use it in Hotmail, yahoo messenger features will probably be used in msn or windows messenger.yahoo will probably lose things like yahoo messenger for vista. But the yahoo company also is trying to "maintain Yahoo! as an independent company" unfortunately I don't think Microsoft is going to let that fly!
This issue is one of those things that only time will tell.
p.s. I like your comment about AOL! And your right it is about more than just getting a head of goggle!
They will probably also take the unlimited storage of yahoo mail and use it in Hotmail, yahoo messenger features will probably be used in msn or windows messenger.yahoo will probably lose things like yahoo messenger for vista. But the yahoo company also is trying to "maintain Yahoo! as an independent company" unfortunately I don't think Microsoft is going to let that fly!
This issue is one of those things that only time will tell.
p.s. I like your comment about AOL! And your right it is about more than just getting a head of goggle!
precedented
Reply #6 Saturday, February 2, 2008 12:13 AM
Reply #6 Saturday, February 2, 2008 12:13 AM
Oh that's just great. I hate Microsoft. I need to start running Unix.
bobbyhundreds
Reply #7 Saturday, February 2, 2008 10:24 AM
Reply #7 Saturday, February 2, 2008 10:24 AM
Daiwa
Reply #9 Saturday, February 2, 2008 6:37 PM
Reply #9 Saturday, February 2, 2008 6:37 PM
Almost everyone who uses their products has a love/hate relationship with MS. Just ask Frogboy.
killajosh
Reply #10 Saturday, February 2, 2008 7:19 PM
Reply #10 Saturday, February 2, 2008 7:19 PM
Well, I don't use Yahoo and I hate Google. MS is okay as far as I'm concerned.
More like a MS lover on WC?
A Microsoft hater on WINcustomize?
More like a MS lover on WC?
my wall
Reply #11 Saturday, February 2, 2008 8:07 PM
Reply #11 Saturday, February 2, 2008 8:07 PM
Horray, or should I say yahoo... The empire expands yet again, how much bigger will micro$oft be allowed to "grow"?
Please login to comment and/or vote for this skin.
Welcome Guest! Please take the time to register with us.
There are many great features available to you once you register, including:
- Richer content, access to many features that are disabled for guests like commenting on the forums and downloading skins.
- Access to a great community, with a massive database of many, many areas of interest.
- Access to contests & subscription offers like exclusive emails.
- It's simple, and FREE!
Reply #1 Friday, February 1, 2008 3:37 PM