Microsoft Offers $44.6 Billion For Yahoo

[DudeAsInCool]

"In a bold move to counter Google’s online pre-eminence, Microsoft said Friday that it had made an unsolicited offer to buy Yahoo for about $44.6 billion in a mix of cash and stock," according to a report published the New York Times today.

"If consummated, the deal would redraw the competitive landscape in Internet consumer services, where both Microsoft and Yahoo have both struggled to compete with Google."

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[method77]

$44.6 billion????

do they just print out the money????

[DudeAsInCool]

$44.6 billion????

do they just print out the money????

that's a lot of links

[DudeAsInCool]

I guess Google doesn't like competition :)

Google Assails Microsoft’s Bid for Yahoo

SAN FRANCISCO — Google said Sunday that Microsoft’s proposed $44.6 billion takeover of Yahoo could pose a number of potential threats to competition that need to be examined by policymakers around the world.

Read More @NY Times

[Redneck4sure]

do they just print out the money????

Yes

That's what I do and they just have a better printing press.

[method77]

Yahoo may consider Google alliance, source says

http://www.reuters.com/article/ousiv/idUSN0362915520080204

[DudeAsInCool]

Yahoo may consider Google alliance, source says

http://www.reuters.com/article/ousiv/idUSN0362915520080204

Interesting. Microsoft has just sent a poison pill to Yahoo--if they don't take the offer, Microsoft may try to take it over anyway, so Google is their only way out

[DudeAsInCool]

Yahoo is scrambling...

Yahoo Seeks Way to Block Microsoft

"As it scrambles to avoid defeat in its battle with Microsoft, Yahoo is trying to put a little more time on the clock.

Microsoft, whose offer for Yahoo is now worth $41.2 billion, was preparing to escalate its takeover fight by starting a proxy contest next week. But in an effort to delay that move, Yahoo said Wednesday that it was extending the deadline for nominating directors until 10 days after the announcement of a date for its annual meeting.

The maneuver comes as Yahoo has stepped up merger and joint venture talks with AOL, a unit of Time Warner, these people said."

Read More @ The NY Times

[DudeAsInCool]

Ars Technic suggests that Yahoo may find a white knight in AOL:

Could an AOL merger save Yahoo's bacon?

"The New York Times and the Wall Street Journal both think that Time Warner's AOL unit would make a swell partner for Yahoo as the company looks for ways to get away from Microsoft's unwelcome advances. While I still think that a Yahoo-News Corp. deal makes more sense, it's always good to keep your options open.

Much like the News Corp. option, Time Warner could essentially spin off a unit that isn't core to its expertise and daily operations (and that it no longer wants), combine the outcast with Yahoo, and gain a serious ownership stake in the two-headed online veteran. Such a deal wouldn't cost a lot of money, because there's a tit-for-tat exchange of business ownership."

And did anyone notice that Bill Gates, for years the richest man in the world, dropped to #3 after Microsoft's stock plummeted after the Yahoo bid? Oh well, I'm sure he still has a few billion to spare.

Check out MSNs report here

[DudeAsInCool]

The New York Times reports that "Yahoo on Monday reiterated its rejection of a takeover offer from Microsoft, again calling it too low."

"The company was responding to a letter from Microsoft that threatened to lower the price of its buyout offer and take it directly to Yahoo shareholders."

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