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Yahoo Shareholders Infuriated Over Yahoo Rejecting Microsoft Offer; Stock to Plummet

Discussion in 'News' started by zekrahminator, Feb 12, 2008.

  1. zekrahminator

    zekrahminator McLovin

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    It's becoming very apparent now that Yahoo has issued a press release refusing Microsoft's rather high bid for the company that there's more to the idea of a Yahoo acquisition than just a shift in management. The shareholders for Yahoo are simply livid over the fact that Yahoo is planning on going forward without Microsoft. Shareholders are already pretty angry over the fact that Yahoo has lost 40% stock value since last year. Microsoft, at this point, can do two things. They can up the bid, and risk making their own shareholders unsure. Or, they can leave Yahoo to suffer, and "spear-head an attack to oust Yahoo's board". Yahoo, however, is not without it's own options. Yahoo is expected to release a statement regarding exactly why they rejected Microsoft's offer. While some would claim the refusal was due to a personal spat between a few board members, Yahoo's investment banker confirms that Microsoft really didn't offer enough money. If Yahoo had accepted a $31-per-share buyout, Yahoo could very well have infuriated shareholders even more, and been accused of malfeasance.

    Source: The Inquirer
  2. Dr. Spankenstein New Member

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    Hrmm.. it was up 3% at close today....
  3. Ravenas

    Ravenas

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    I think this article has proven itself false, was posted very early in the day.
  4. effmaster

    effmaster New Member

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    Didnt I say this in the other thread about Yahoo officially declining Microsofts offer?

    heres what I said:

    Quote buy print please. You can even check the time when I posted this if yall like lol:D:D:D:D
  5. thoughtdisorder

    thoughtdisorder New Member

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    Actually, if M$ wants to play hardball they should just sit back and wait. I wouldn't be surprised if 4-6 months from now M$ gets what it wants for less dollars....Stranger things have happened.
  6. lemonadesoda

    lemonadesoda

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    IMO Yahoo is overvalued as it is... I think the price can only go one way.... except for short term volatility and "hopes" that MS will make a higher offer.

    I think the board will be forced out. It is playing EGOs and not shareholder value.
  7. effmaster

    effmaster New Member

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    Thats what Im thinking.:laugh::laugh::laugh:
  8. WarEagleAU

    WarEagleAU Bird of Prey

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    Well, its damn if you do and damn if you dont with a catch 22 thrown in. I dont know if MS could stomach more than a 50 billion dollar bid.
  9. thoughtdisorder

    thoughtdisorder New Member

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    +1 WarEagle. Frankly I thought MS was pushing "Sanity" with a 41 billion dollar offer. MS is very savvy and may simply be stirring the pot to see what shakes out. Either way it will be interesting to watch how this unfolds over time.
  10. AsRock

    AsRock TPU addict

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    Well i am glad they rejected MS i us yahoo everyday and if MS brought it out i would not use it. I just hope Yahoo have some thing better planned..

    I'd go on MSN if i wanted to use any thing to do with MS. MS needs to be stopped from getting so big as it's making other issue's and limeting other options. To me near every thing MS have touched has made it worse to me.
  11. thoughtdisorder

    thoughtdisorder New Member

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    +1, couldn't agree with you more. It's almost like MS is trying to get back to their old tricks again a bit doesn't it!

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