Skip to Content

Submit your nominations for the Luxist Awards' Best in Decor
AOL Tech

Filed under: News, Microsoft, Yahoo!

Yahoo! replies to Microsoft's demands: Show us the friggin' money!

Yahoo! wants money
Oh, Microsoft, Yahoo!, when are you going to stop fighting and realize that you're in love with each other? Yahoo!'s board of directors has responded to a letter from Microsoft CEO Steve Ballmer demanding action within 3 weeks. In a nutshell, Ballmer told Yahoo! that if the company didn't accept Microsoft's buyout offer, Microsoft would lower its bid and try to replace the Yahoo! Board. So what does Yahoo!'s current board have to say?

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.
All of which is to say that Yahoo! has not closed the door on a possible merger with Microsoft. But Microsoft's either going to have to follow through on Ballmer's threat to wage a proxy battle or raise its asking price.
jobs & resumes
Lead Blogger

AOL Find a Job - New York, NY (3 weeks ago)

See More Relevant Jobs ›

Reader Comments (Page 1 of 1)

Featured Time Waster

The World's Hardest Game 2.0 - Time Waster

So, just how good at time waster games are you? Think you've got the stuff? Well, The World's Hardest Game 2.0 doesn't think you do. Yes, amazingly, it's possible to have a sequel to a game called "The World's Hardest Game". It doesn't seem logically possible, since if the first one was actually the world's hardest, how could another one come along and share the moniker? It made me doubt the name in the first place. That is, until I tried the game. The mechanics of the game are very simple. You are a small red square, ...

View more Time Wasters

Featured Galleries

Defective by Design, London: Protest Pictures
Microsoft Security Essentials
Chromium Pre-Alpha on CrunchBang Linux
Safari 4 Beta
10 Firefox themes that don't suck
IE8 RC1
Download Squad at the Crunchies After-Party
Download Squad at the Crunchies
WordPress 2.7
Cooking Mama: Mama Kills Animals
Windows 7 Hands On
Comodo Internet Security
Android First-look: Amazon.com MP3 Store
Android First-look: Twitroid
Google Reader Android
Android Hands-On
Twine 1.0
Photoshop Express Beta
Mozilla Birthday Cake
Palm stuff
Adobe Lightroom 1.1

 


Follow us on Twitter!

Flickr Pool

www.flickr.com

More Tech Coverage

AOL Radio