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

[zekrahminator]

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.

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[Dr. Spankenstein]

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

 

[Ravenas]

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

 

[effmaster]

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

heres what I said:

This is only going to Hurt Yahoo's stock.
Because Yahoo's stocks went up a dollar or two on the news of a potential Microsoft takeover. Now with this News Yahoos stock may very well go back down to where it was or worse. Good going Yahooshadedshu This was an unprecedented offer on Microsoft's part and you gave them the cold shoulder shame on youshadedshu

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

 

[thoughtdisorder]

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.

 

[lemonadesoda]

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.

 

[effmaster]

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.

Thats what Im thinking.

 

[WarEagleAU]

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.

 

[thoughtdisorder]

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.

+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.

 

[AsRock]

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.

 

[thoughtdisorder]

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 stoped from getting so big as it's making other issue's and limeting other options.

+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!