Filed under: News, Microsoft, Yahoo!
Yahoo! replies to Microsoft's demands: Show us the friggin' money!
In a pistachio shell:
- We already told you no.
- Well, we might say yes, but we'd need more money
- I mean seriously, $31 per share? What's up with that. And have we mentioned that your stock is dropping, so your offer is worth less today then when you made the offer?
- We keep launching new products like a new advertising platform that add value to our brand. And you're trying to buy us for $31 per share? Hmph.
- You think you're the only one interested in taking us to the prom? We've got lots of suitors. Really.
- Don't bully us.
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Reader Comments (Page 1 of 1)
finnwenzel said 9:13AM on 4-07-2008
Yes
Reply
Andrew Pollack said 9:59AM on 4-07-2008
From Yahoo's perspective, why NOT allow a proxy battle? If nothing else, it will likely raise the stock price those at Yahoo who makes decision hold so much of. Its not like the execs or board at Yahoo will want to keep their positions or secure a place in the MS management at the end of the process anyway.
Reply
Mark said 8:29PM on 4-07-2008
Because being ousted is a lot more shameful and a lot less likely to get you employed elsewhere. Furthermore, no severance package that might've been offered by MS and no chance at staying after the merger. Might've been a chance before.