Tuesday, February 12th 2008

Microsoft Responds to Yahoo! Announcement

Microsoft has officially responded to Yahoo!'s rejection of its proposed $44.6 billion takeover bid with the following statement:
It is unfortunate that Yahoo! has not embraced our full and fair proposal to combine our companies. Based on conversations with stakeholders of both companies, we are confident that moving forward promptly to consummate a transaction is in the best interests of all parties.

We are offering shareholders superior value and the opportunity to participate in the upside of the combined company. The combination also offers an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market.

A Microsoft-Yahoo! combination will create a more effective company that would provide greater value and service to our customers. Furthermore, the combination will create a more competitive marketplace by establishing a compelling number two competitor for Internet search and online advertising.

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.
Source: Microsoft
Add your own comment

13 Comments on Microsoft Responds to Yahoo! Announcement

#1
choppy
clever gits aiming at the shareholders, cos they know yahoo shareholders are pissed off
Posted on Reply
#2
Cold Storm
Battosai
Microsoft is buying the world as we speak! England just got word from being off... Then Russia is going for less, and China is having problems counting their people, so they have to be last...
Posted on Reply
#3
NinkobEi
One Nation Under Bill Gates
Posted on Reply
#5
Frogger
^^:roll::roll::roll:
Posted on Reply
#6
ktr
About 5 more months till Bill Gates leaves microsoft.
Posted on Reply
#7
jothy
in other words, a hostile takeover attempt is their next plan
Posted on Reply
#8
mdm-adph
Dear Microsoft,

Cram it up your ass -- you and everyone else knows you'll get what you want in the end. Stop acting like you're being Mr. Nice Guy and that Yahoo is acting crazy.

And by the way -- there's already a "compelling number two competitor" for internet searching -- it just isn't you. So, you're trying to do what you do best -- buy your way into competition. Stop trying to sugar-coat it, and you might get a little respect.

Sincerely,

The Internet
Posted on Reply
#9
WarEagleAU
Bird of Prey
Haha, I love that picture.
Posted on Reply
#10
pentastar111
I feel sorry for the Yahoo employees:(... If and when a takeover happens they will be out of jobs and replaced.:shadedshu... Such is the common practice among "BIG" businesses these days...:twitch: Pricks :wtf:
Posted on Reply
#11
qwerty_lesh
'are provided with the opportunity to realize the value inherent in our proposal.'
erm, thats just fancy speak for 'we know that your shareholders were more then happy to sell you out to us'

this whole takeover is just an attempt to compete with the likes of google, and to make all the little shittier search engines (ie; lycos, altavista.. bet u heavent heard of these guys for ages) go under.

imho, good on you yahoo, its suck big time if you sold out to em neway. can you imaging installing the next flavor of windows just to find it riddled with some stupid hybrid search, on ur desktop in your stock browser. yahoo live... oh god. no
Posted on Reply
#12
ArkanHell
(1).......Loading your web page: .......

(2).blue..blue..blue..blue..blue..blue..blue..blue..blue..blue..
.blue. .blue.
.blue. Error#1083: We s*ck cuz with all our money .blue.
.blue. and hundrens of genius employess cant reach .blue.
.blue. to make an standing company as google. .blue.
.blue. .blue.
.blue..blue..blue..blue..blue..blue..blue..blue.blue.blue.blue.
Posted on Reply
#13
btarunr
Editor & Senior Moderator
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.
translating...

"We'll drive investors/share-holders of Yahoo! to disinvest in the company if they don't sell themselves to us." The best way a consumer can stop this is simply boycotting all Yahoo! services if there's a takeover. Use every Google alternative there is.:laugh:
Posted on Reply
Add your own comment