When is 50 Billion Dollars Not Enough
Microsoft Yanks Bid For Yahoo
Sunday, May 4, 2008 by Hankers | Discussion: WinCustomize News
Software giant Microsoft has walked away from its bid to buy Yahoo,
saying the latest asking price of US$53 billion, or $37 per share, is
too high.
The decision came after Saturday morning talks between Microsoft chief executive officer Steve Ballmer and Yahoo chief executive officer and co-founder Jerry Yang.
"Despite our best efforts, including raising our bid by roughly $5
billion, Yahoo! has not moved toward accepting our offer," Ballmer said
in a statement late Saturday.
Do you believe the offer was fair? Not Enough? Shouldn't have been offered in the first place?
Who is the winner and who is the loser?
Link
ShelbyGT_The_Car
Reply #2 Sunday, May 4, 2008 10:33 AM
Reply #2 Sunday, May 4, 2008 10:33 AM
A very good "Article" Hankers!
Thank You for posting such...
SGT
Thank You for posting such...
SGT
vStyler
Reply #3 Sunday, May 4, 2008 12:48 PM
Reply #3 Sunday, May 4, 2008 12:48 PM
I'll let go of Maxstyles.com for 1 Billion...
Email for details. 
jackyjoe
Reply #6 Sunday, May 4, 2008 1:20 PM
Reply #6 Sunday, May 4, 2008 1:20 PM
I wonder how the stock holders felt about Yahoo's refusal? Yahoo's stock price will drop below what it was when Microsoft made it's initial offer and we will see a hostile takeover. Although Yahoo has offered some innovative ideas, they have lacked the marketing to reach the consumers. Their website and IM hasn't changed in years. Rather then go the way of AOL, they will be working for Microsoft within the next year.
Astyanax
Reply #7 Sunday, May 4, 2008 2:09 PM
Reply #7 Sunday, May 4, 2008 2:09 PM
wonder how the stock holders felt about Yahoo's refusal? Yahoo's stock price will drop below what it was when Microsoft made it's initial offer and we will see a hostile takeover.
Im sure thats exactly why Microsoft decided to not even persue the offer any further. To be honest I don't see why they didn't just go for a hostile takeover anyway.
JMB1984
Reply #8 Sunday, May 4, 2008 2:55 PM
Reply #8 Sunday, May 4, 2008 2:55 PM
My take... Yahoo is the loser any way you cut it, and Microsoft is the winner, in that it didn't have to have this ridiculous deal go through. I don't know what they had in mind? But I couldn't possibly imagine that deal ending up with a positive result 
zxtt
Reply #9 Sunday, May 4, 2008 4:48 PM
Reply #9 Sunday, May 4, 2008 4:48 PM
Wonder how Yahoo shareholders are going to feel when the reality of a $20 stock heading to $15 hits them. I love this "undervalued" talk - you are worth what everyone agrees you're worth, and that's < $20.
Chasbo
Reply #10 Sunday, May 4, 2008 5:24 PM
Reply #10 Sunday, May 4, 2008 5:24 PM
Too bad for Yahoo stockholders. If I were one I'd be pissed. Yahoo really messed up this time. LOL! 
DonDodds
Reply #11 Sunday, May 4, 2008 5:53 PM
"Undervalued" is such a ludicrous term, especially for stock prices. Physical items can have personal value above and beyond their raw cost of materials, labor, and profit margin, but a stock is worth whatever people are willing to pay for it, no more, no less.
Reply #11 Sunday, May 4, 2008 5:53 PM
Wonder how Yahoo shareholders are going to feel when the reality of a $20 stock heading to $15 hits them. I love this "undervalued" talk - you are worth what everyone agrees you're worth, and that's < $20.
"Undervalued" is such a ludicrous term, especially for stock prices. Physical items can have personal value above and beyond their raw cost of materials, labor, and profit margin, but a stock is worth whatever people are willing to pay for it, no more, no less.
killajosh
Reply #12 Sunday, May 4, 2008 6:34 PM
Reply #12 Sunday, May 4, 2008 6:34 PM
I think Yahoo screwed-up big time with this one. $53 million? Who can blame MS for backing out? I hate it for Yahoo's share-holders, though. They lost out big time on this one......
scorpNZ
Reply #13 Sunday, May 4, 2008 9:19 PM
Reply #13 Sunday, May 4, 2008 9:19 PM
killajosh don't you mean 53 billion,microsoft would use a measley 53 million as toilet wipes for it's employees,i know for a fact Bill Gates uses gold leaf to wipe his butt
MarkSnyder61
Reply #14 Monday, May 5, 2008 5:11 AM
Reply #14 Monday, May 5, 2008 5:11 AM
I think MS is the big winner here. Yahoo is not worth 53 Billion!
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Reply #1 Sunday, May 4, 2008 10:19 AM