Jump to content
N-Europe

Microsoft making a formal offer for yahoo.


Twozzok

Recommended Posts

http://www.engadget.com/2008/02/01/microsoft-offers-44-6-billion-for-yahoo/

 

$44.6 Billion

:blank:

 

Microsoft just announced what has been rumored forever: a formal offer for Yahoo. Microsoft's proposal to Yahoo's board of directors represents $31 per share (a 62% premium over yesterday's closing price) or about $44.6 Billion. Steve Ballmer, CEO and big fan of developers, says, "We have great respect for Yahoo!, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market." Apparently, the deal was laid out in a letter sent by Ballmer to Yahoo's board just yesterday. Seriously. The letter confirms that the two giants have been discussing the topic since late 2006. It also appears to be a direct response to the Google threat as outlined in the following paragraph:

 

"Today, the market is increasingly dominated by one player who is consolidating its dominance through acquisition. Together, Microsoft and Yahoo! can offer a credible alternative for consumers, advertisers, and publishers."

 

The deal, of course, rests with the two coming to a "merger agreement" and Microsoft (and Yahoo to a limited degree) having the time to conduct the required due diligence. Microsoft is ready to begin immediate discussions and have a draft merger agreement ready for consideration. So Yahoo, ball's in your court. The world is wondering... what will you do?

 

 

Here's to hoping Yahoo! tell 'em to go fuck themselves. As much as Yahoo has declined the last few years, it can only get worse if Microsoft own it, I mean I'd still choose the Yahoo page over the MSN page.

Link to comment
Share on other sites

I just don't think the whole 'everything on one page' design works anymore...

 

like the MSN or Yahoo! page, it's just silly. If I want a search engine I'll go to Google, if I want the news I'll go to BBC's news page.

 

I hate these have everything on one page pages :/

Link to comment
Share on other sites

Yahoo is a pain the ass. I still try to figure out how to get rid of of the Yahoo search engine in my browser. Accidently installed it when downloading another program because it was already cross checked and I pressed next without readinge everything.

Link to comment
Share on other sites

A bit of good news for a change! I really hope this deal goes through because at the moment there really is no competitor to Google. That company is just eating everything in sight!

 

I'd rather not see Microsoft gain more power, but i'd prefer that than have Google the owner of the whole internet!

 

Hopefully they rebrand too, never did like Yahoo or MSN. Windows Live ain't too bad though

Link to comment
Share on other sites

As annoying as most of the Windows Live/Yahoo shenanigans is, I prefer the former over the latter, so in my eyes this is a good think. Oh, and if MS or Google buy out AOL in order to remove a competitor, I shall happily offer them everything I own... :indeed:

Link to comment
Share on other sites

×
×
  • Create New...