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Join Date 10/2001
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Microsoft(R) Yahoo!!!

Microsoft Proposes Acquisition of Yahoo!

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February 1, 2008 3:11:10 PM from WinCustomize ForumsWinCustomize Forums
Betanews.com reports that Microsoft has offered a colossal bid for acquisition of Yahoo.

Microsoft's official statement headlined as

"Microsoft Corp. today announced that it has made a proposal to the Yahoo! Inc. Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. Microsoft’s proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer represents a 62 percent premium above the closing price of Yahoo! common stock on Jan. 31, 2008"

Betanews also reports, "In its own statement this morning, Yahoo confirmed that it is considering what it characterizes as an unsolicited takeover proposal.

"[The] Board of Directors will evaluate this proposal carefully and promptly in the context of Yahoo's strategic plans and pursue the best course of action to maximize long-term value for shareholders," the statement reads."
Click here for Mircosoft's official statement.

Click here for Yahoo's official statemen.
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nicksick
Join Date 01/2007
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Reply #1 February 1, 2008 3:37:02 PM
from WinCustomize ForumsWinCustomize Forums
This doesn't really affect me. I don't use yahoo anything or microsoft anything besides XP and office.
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king819
Join Date 04/2007
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Reply #2 February 1, 2008 3:49:02 PM
from WinCustomize ForumsWinCustomize Forums
This relates to the internet part of the companies , It has to do with Microsoft and yahoo trying to get ahead of goggle.
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king819
Join Date 04/2007
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Reply #3 February 1, 2008 6:19:46 PM
from WinCustomize ForumsWinCustomize Forums
Yahoo just put out a media response it is at:

http://yhoo.client.shareholder.com/press/announcement.cfm
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JeremyG
Join Date 03/2001
+8
Reply #4 February 1, 2008 6:22:48 PM
from WinCustomize ForumsWinCustomize Forums
It's more than just "trying to get ahead of google".

They will also likely "poison the water supply" of google's main business by blitzing the advertising market with lower prices, forcing google to loose income.

They also gain the HUGE online services of Yahoo mail and IM, making it a powerhouse in the IM business, which is a lot more advertising dollars as well. Google's IM network is limited, and AOL is...well, AOL.

They also aquire flickr, HotJobs, GeoCities, and many other stuff. Many of these products can be folder up quickly and easily into "Microsoft Live"....likely within 2 years.

There's also a ton of technologies and talents owned by Yahoo! that Microsoft can make good use of. Yes....some of those talents probably hate Microsoft and will quit, but eh almighty dollar will keep a good amount of them.
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king819
Join Date 04/2007
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Reply #5 February 1, 2008 6:57:59 PM
from WinCustomize ForumsWinCustomize Forums
I agree but by doing all of those things, Including "poison the water supply" they will be getting the upper hand on goggle.

They will probably also take the unlimited storage of yahoo mail and use it in Hotmail, yahoo messenger features will probably be used in msn or windows messenger.yahoo will probably lose things like yahoo messenger for vista. But the yahoo company also is trying to "maintain Yahoo! as an independent company" unfortunately I don't think Microsoft is going to let that fly!

This issue is one of those things that only time will tell.



p.s. I like your comment about AOL! And your right it is about more than just getting a head of goggle!
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precedented
Join Date 01/2008
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Reply #6 February 2, 2008 12:13:42 AM
from WinCustomize ForumsWinCustomize Forums
Oh that's just great. I hate Microsoft. I need to start running Unix.
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bobbyhundreds
Join Date 11/2002
+3
Reply #7 February 2, 2008 10:24:56 AM
from WinCustomize ForumsWinCustomize Forums
I think you missed this earlier post BX,but you went into more detail.Nice work.    WWW Link
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Pugboy
Join Date 10/2007
0
Reply #8 February 2, 2008 5:37:47 PM
from WinCustomize ForumsWinCustomize Forums
A Microsoft hater on WINcustomize?
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Daiwa
Join Date 07/2001
+351
Reply #9 February 2, 2008 6:37:37 PM
from WinCustomize ForumsWinCustomize Forums
Almost everyone who uses their products has a love/hate relationship with MS. Just ask Frogboy.
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killajosh
Join Date 10/2007
+40
Reply #10 February 2, 2008 7:19:08 PM
from WinCustomize ForumsWinCustomize Forums
Well, I don't use Yahoo and I hate Google. MS is okay as far as I'm concerned.
A Microsoft hater on WINcustomize?


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my wall
Join Date 12/2007
+3
Reply #11 February 2, 2008 8:07:58 PM
from WinCustomize ForumsWinCustomize Forums
Horray, or should I say yahoo... The empire expands yet again, how much bigger will micro$oft be allowed to "grow"?
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