Filed under: News, Microsoft, Yahoo!
Microsoft bid for Yahoo! enters its silly, childish phase
OK, this is just getting silly. At this point, Microsoft has made its offer to purchase Yahoo!, been rejected, set a date in the sand, after which Microsoft would try to oust Yahoo!'s board of directors, and then let that date come and go without taking any action. And after all the tough talk, now it looks like Microsoft is finally starting to consider raising its asking price.
The problem is that Microsoft is thinking $32 or $33, which would be a nice boost from its current bid valued at $29.06 a share, while some Yahoo! shareholders are apparently holding out for $35 or more a share.
If this keeps up, we kind of expect Steve Ballmer to start shooting sptiballs at Yahoo! board members and shareholders, pulling their hair, and then threatening to take the kickball home with him so they can't play the game anymore. And then Microsoft will wind up paying $45 a share.
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Reader Comments (Page 1 of 1)
sitruc said 10:47AM on 5-01-2008
This reached the silly, childish phase when Yahoo! decided they didn't want to be taken over by Microsoft.
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GalileoAce said 10:52AM on 5-01-2008
Maybe Take Two and Yahoo! should merge, then EA and Microsoft can battle it out, victor takes all :P
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keeves said 2:18PM on 5-01-2008
hmmm... don't agree with it being childish. There are billions of dollars at stake, and when that sort of cash is on offer it is hardly surprising that both companies are trying to do what they believe is in the company and shareholders best interest.
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Brad Linder said 2:19PM on 5-01-2008
Like giving ultimatums and making threats that you apparently have no intention of following through on?