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Old 07-27-2008, 11:12 PM
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Default News : Microsoft Officially Says Goodbye to Yahoo!

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Yahoo!, with its current share price placing around $20, is no longer a matter of interest for Microsoft. Although the Redmond company offered $33 per share in May, when it opened a bid to buy all of Yahoo!, the facts in the
next moths proved that Microsoft could have stepped into a dangerous area. The company seems to understand that, at the moment, a merger with Yahoo! may not lead to the best results, although continuing the search engine race by itself is quite challenging.

As the Los Angeles Times cites, Chief Financial Officer Chris Liddell told investors, at an annual Microsoft meeting, that the bid for acquiring Yahoo! dropped on May 3 was the last offer of Microsoft. Negotiations went further that date, with proposals of buying Yahoo!'s search business, which were, as well, rejected by the board of the company. All along, the Sunnyvale based enterprise alleged that any given offer should be more generous in order to be even taken into consideration.

"Yahoo!'s existing business plus its recently signed commercial agreement with Google has superior financial value and less complexity and risk than the Microsoft/Icahn proposal," said Yahoo!'s staff on July 12. Their ego was even more offended by the fact that Carl Icahn, the investor who wanted to launch a proxy fight in order to replace the current directors from the board, was apparently backed up by Microsoft. The Redmond company declined having anything to do with Icahn's proposal, but the downfall of negotiations was already clear.

Microsoft's Chief Executive himself added, following Liddell's statement, that he hopes no further explanations must be given. CEO Steve Ballmer said that his decision had been clear for quite a while but that would be the moment when he believes everyone would understand that Microsoft's and Yahoo!'s paths are irremediably separated.
source :softpedia.com
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Old 07-28-2008, 03:22 AM
davewolf davewolf is offline
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So Microsoft finally give up on Yahoo, huh
Yahoo is one of biggest company on internet, I bet it's very profitable, it's quite normal that they don't want to sell their business

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Old 07-28-2008, 05:46 AM
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Ya.. because i think after opening Yahoo Hosting.. It would be making more of a Income then before??
So.. Yahoo won't be getting sold out So easily.. It used to be a Monster on the Web.. and is one till now.. So.. microsoft did good by backing out..

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Old 08-05-2008, 12:54 AM
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i have heard that they were trying to buy it but i also heard that they rejected the offer at the end. i really was hoping they'd buy it though!
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Old 08-10-2008, 04:02 PM
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Yahoo is consistently rejecting the offer that Microsoft made since the begining.
Maybe they do not see much advantage of the buying in and do not want another management to take control of their current management.

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Old 08-10-2008, 05:27 PM
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Actually this decision is good for Microsoft itself. It's not their main line in SE business. Microsoft main line is software and it's far away from internet business like what Yahoo been doing since beginning. Microsoft should learn from the bottom in the internet SE business before try to make more advantage from Yahoo merger or takeover. Such big team will be useless, give big loss and waste of opportunity if Microsoft try to run big business in the line they are not expert.
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Old 08-10-2008, 06:00 PM
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Originally Posted by challs12 View Post
Actually this decision is good for Microsoft itself. It's not their main line in SE business. Microsoft main line is software and it's far away from internet business like what Yahoo been doing since beginning. Microsoft should learn from the bottom in the internet SE business before try to make more advantage from Yahoo merger or takeover. Such big team will be useless, give big loss and waste of opportunity if Microsoft try to run big business in the line they are not expert.
i completely agree with this statement

and microsoft is way too business-ish to let themselves suffer by a wrong step. theyre picky tho..

anyways microsoft is a good business corporation but thats just it. no more.
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Old 08-10-2008, 06:32 PM
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Quote:
Originally Posted by vrless View Post
i completely agree with this statement

and microsoft is way too business-ish to let themselves suffer by a wrong step. theyre picky tho..

anyways microsoft is a good business corporation but thats just it. no more.
Microsoft feel a bit regret cause their bid over Hotmail doesn't meets their target in the competition with SE market leader Google, so they think of making bigger team by combining Hotmail and Yahoo to beat Google. But they should learned from the Hotmail takeover, they still need to complete the lesson how to operate Hotmail first before making next step combining the biggest SE team with Yahoo. This combination can happen only once, hence, if they fail in this combination, then they have no more chance to build up successful bigger team to beat Google.
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Old 08-11-2008, 02:41 AM
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Microsoft ended up their effort by stuck in discussion to negotiate price to buy Yahoo! Haha...Poor micreosoft, yeah yahoo require too costly stock price to microsoft but i think it's not strange since we know that Yahoo! is #2 seach engine in the world.
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Old 08-11-2008, 05:26 AM
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Well, if U think about it, why would Yahoo sell itself since it was one of the biggest company on the internet. I believe if Microsoft want to, then he should bid so higher..
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Old 08-11-2008, 06:10 PM
challs12 challs12 is offline
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Quote:
Originally Posted by NaDhAre View Post
Well, if U think about it, why would Yahoo sell itself since it was one of the biggest company on the internet. I believe if Microsoft want to, then he should bid so higher..
They are offering higher than the market price actually. What they did was try to buy Yahoo through back door. That was through buying individual shares from Yahoo shareholders not in the share market. If all Yahoo shareholders sell their share to Microsoft which represent 70% from the total paid capital of Yahoo, then they have total voice in the AGM and they can force the Yahoo president and directors to step down and they can make they feel unhappy holding the balance 30% of Yahoo's shares. Then they can offer them to dispose off the shares with some good price later on. Actually Microsoft don't know how to run Yahoo's business, hence, it's wise for them to leave Yahoo alone.
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Old 08-11-2008, 07:29 PM
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Quote:
Originally Posted by challs12 View Post
They are offering higher than the market price actually. What they did was try to buy Yahoo through back door. That was through buying individual shares from Yahoo shareholders not in the share market. If all Yahoo shareholders sell their share to Microsoft which represent 70% from the total paid capital of Yahoo, then they have total voice in the AGM and they can force the Yahoo president and directors to step down and they can make they feel unhappy holding the balance 30% of Yahoo's shares. Then they can offer them to dispose off the shares with some good price later on. Actually Microsoft don't know how to run Yahoo's business, hence, it's wise for them to leave Yahoo alone.
now its sounds like a greedy giant. whats wrong with them? is not that easy to run it anyway. even if they buy it, will it goes according to their plan? what, like hotmail just not enough? poor lil micro$oft..
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Old 08-13-2008, 08:22 PM
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