Microsoft drops bid for Yahoo

[bubaipal]

Microsoft drops bid for Yahoo after they failed to reach an agreement.
I saw this on the headlines of NDTV today.

[w3bmaster]

This is perfect :)

[PowerExtreme]

Now wat yahoo is going to do

[trevomanut]

I really think Google will buy out Yahoo now.

[ronmojohny]

I'm going to buy it with next month's adsense check

[kittyluver]

Yesss.... Yahoo wants more money i.e. $37 per share than $33 per share of microsoft. A big blow to Yahoo... Again Google is the LONELY King...READ More... (http://news.yahoo.com/s/ap/microsoft_yahoo)

[nishugoyal]

I'm going to buy it with next month's adsense check

I think Google pays for your Adsense Checks

[Loonm]

The most interesting part of that is that after it yahoo stocks raised alot, i thought they have to fall, considering they have raised from 19 dollars after microsofts offer.

[trocobob]

yahoo will be sold cheaper .
i think that microsoft is loosing interested on buying yahoo .

[Minterest]

Dear Microsoft...

Here are a few suggestions for what else Microsoft could get for $40 billion:

--Hire 40,000 engineers, at $100,000 apiece, for a decade

--Acquire Facebook (estimated to have a market value of $15 billion), along with just about any other meaningful social networking site, including MySpace, Bebo, Hi5 and LinkedIn. There would still be enough money left over to pay some consultants to help with integration.

--Spend eight times more than Google did last year to acquire traffic--and presumably make traffic more pricey for Google, to boot.

--Hire 80 million workers in China to do nothing but click on Microsoft properties and related ads for 10 years.

--Promise a free Big Mac to everyone who clicks on a Microsoft ad--and give away 14 trillion of 'em.

Source: http://www.forbes.com/technology/2008/04/07/microsoft-yahoo-acquisition-tech-ebiz-cx_wt_0407msft.html?feed=rss_technology

[farooqaaa]

Bad news.............. Google might buy Yahoo now. It will be great if Google buy it.

[hexinator]

Google can't buy Yahoo, it would be a contradiction of what they said when they opposed the merger

[dmi]

I really think Google will buy out Yahoo now.

LOL. That would be crazy. :D

[Midwest]

are you stupid??? Yahoo won't sell. They can only grow their company and not sell it..

[olti]

Yahoo shares will fall now and everyone of us can buy it out, 'couse it will be soooooo cheap :D
I think the Yahoo CEOs were really stupid not to accept the MS offer.

[CrazyDictator]

I want google to buy yahoo and destroy it...muahahahahaha!

[freeadlists]

I would not be surprised if yahoo goes back to the teens.

[zexy]

I don't think Google could buy a company like Yahoo.
Google buys small companies, remember? YouTube was the only exception.

[promomanagers]

Yahoo will fall Monday if people believe the MS pullback is legitimate. I'm impressed with Microsoft, they know their business and stood their ground rather than buying Yahoo at an inflated price that could bring their shareholders no value.

[Midwest]

google buys small companies ???

1. youtube
2. feedburner
!!!

[zexy]

Yahoo is a big company. Feedburner is a joke.

As I said YouTube is the only exception :)

[smartfinds]

Hi,

If I were a Yahoo stockholder I would be trembling right now waiting to see what happens to that stock on Monday (tomorrow). My prognosis is that it will drop below the $18 it was per share when the bid came in making matters worse. On top of that Yahoo is not doing good financially at some point they will need to start letting employees go.

What I see are law suits from the stockholders and possibly a class action from employees if they are infact let go because of financial difficulty.

I am impressed that Microsoft did not go for a hostile takeover. This way they have put ALL the burden on Yahoo. If that stock drops below the $18 level, Microsoft could come in and pay less than the $33/share they were offering.

This is not going to go well for Yahoo. A complete inability to grow and adapt to changing market conditions!

[Connections]

I don't think Google could buy a company like Yahoo.
Google buys small companies, remember? YouTube was the only exception.

What about the acquisition of double click, its such a large take over it has to be done over 3 years.

Google has had some big take overs.

As for this microsoft/yahoo deal I think it would have been good for it to happen.

[guru-seo]

Yahoo missed an opportunity here. Now Microsoft has the upper hand and the pressure is on. Their stock will take a beating in the next coupe of days and Microsoft will make another take it or leave it offer, which Yahoo will have no choice but to accept. Yahoo should have taken the offer, it was a reasonable one, and it would have been good for us webmasters.

[wisdomtool]

Good for us webmasters is one thing, good for the Yahoo shareholders should what have been considered. But it seemed the Yahoo board had a different way of thinking.

Yahoo missed an opportunity here. Now Microsoft has the upper hand and the pressure is on. Their stock will take a beating in the next coupe of days and Microsoft will make another take it or leave it offer, which Yahoo will have no choice but to accept. Yahoo should have taken the offer, it was a reasonable one, and it would have been good for us webmasters.

[ShaneC]

Well the people who bought Yahoo at $19 and sold in the $30's made a killing. I highly highly highly doubt Google would even consider buying Yahoo. There is absolutely no point.

I'm sure people wouldn't mind using Microsoft and Yahoo to serve ads, but their programs are complete garbage at this point. Instead of trying to take Google head on, why don't they improve their technologies?

[wisdomtool]

Google can't do that, not that it don't want to. Buying Yahoo means cutting any others' chances of being even close to them to compete against them. Reason why Google didn't do it is because of the anti trusts laws

Well the people who bought Yahoo at $19 and sold in the $30's made a killing. I highly highly highly doubt Google would even consider buying Yahoo. There is absolutely no point.

I'm sure people wouldn't mind using Microsoft and Yahoo to serve ads, but their programs are complete garbage at this point. Instead of trying to take Google head on, why don't they improve their technologies?

[rajit197]

Good for hotmail... I really think Yahoo is asking too much than what it's worth..

[wisdomtool]

Microsoft initial offerings are already very reasonable, they even up it by $5 billion but Yahoo keep wanting more.

Good for hotmail... I really think Yahoo is asking too much than what it's worth..

[BruceW4yne]

Well the people who bought Yahoo at $19 and sold in the $30's made a killing. I highly highly highly doubt Google would even consider buying Yahoo. There is absolutely no point.

I'm sure people wouldn't mind using Microsoft and Yahoo to serve ads, but their programs are complete garbage at this point. Instead of trying to take Google head on, why don't they improve their technologies?

Agreed, those who sold at $30 probably did make a killing, but complete garbage? Hmmm. In my 8 years experience, I've found that together Y and M deliver more traffic than G, and MSN traffic converts significantly better. Significantly. There's gold in that thar garbage, friend.

This from the NYT (http://www.nytimes.com/2008/05/05/technology/05subyahoo-web.html?_r=1&hp&oref=slogin):
After Microsoft withdrew its $33-a-share offer for Yahoo on Saturday, the question was how far Yahoo’s stock would drop. On Monday, the markets gave an initial answer: plenty.

At 12:20 p.m., Yahoo’s shares were off about 14 percent, at $24.65, after closing at $28.67 on Friday — a day when the companies were said to be escalating their talks on a merger. The shares recovered some ground after losing about 20 percent at the start of Monday’s trading.

Microsoft’s own shares edged up slightly, to $29.34, from their Friday close of $29.24.

Yahoo's actual value is probably a lot closer to $12-$15 a share. Microsoft would have been doing their shareholders a grave disservice by paying a $20 a share premium.

Just my 2 cents.

[supermanzgirl]

To give everyone an update:

Yahoo shares fall 16 percent after Microsoft withdraws bid:
SAN FRANCISCO - Yahoo shares fell more than 16 percent Monday as hopes for the once-dominant Internet icon dimmed following Microsoft's withdrawal of a $47.5 billion takeover bid.
ADVERTISEMENT

The sell-off wiped out nearly half the gain in Yahoo Inc.'s stock price since Microsoft Corp. made its initial offer on Jan. 31 in an effort to challenge online advertising and search leader Google Inc. The downturn left Yahoo's market value about $14 billion below Microsoft's last offer.

The rest of the article is here: http://news.yahoo.com/s/ap/20080505/ap_on_hi_te/microsoft_yahoo


Edit: Bruce beat me to it lol

[rwin2007]

bye bye Yahoo... bought a future package short on Yahoo :)

[ShaneC]

Agreed, those who sold at $30 probably did make a killing, but complete garbage? Hmmm. In my 8 years experience, I've found that together Y and M deliver more traffic than G, and MSN traffic converts significantly better. Significantly. There's gold in that thar garbage, friend.

I agree 100% there is gold in the garbage. However, their ads are nowhere near as targeted as Google. You have to dig through a lot of garbage to find the gold :) If Yahoo, and MSN could make their ad serving technology equal to that of Google, or any company in general, then I will be more than happy to use a variation.

In my experience Google has brought 10x's more traffic then Yahoo and MSN, sometimes even combined.

[casinouk]

Yahoo knows MS weak point, and that's why raises $ 4 / share .

MS is now not thinking to buy it, even in that much amount of cost he can create 2 companies like yahoo.

[Shazz]

Microsoft widthdraw bid lol

[LanceT22]

MS going to get it cheaper in a few months???

[Shazz]

I think if the deal drags on for a while yahoo could go lower then 20 again :|

[godisgood]

I think Yahoo missed a good deal here. Yahoo is falling and Microsoft probably could of helped rebuld them.

[ziya]

Yahoo price per share now is 23,8.. Yahoo falling down
http://img.lenta.ru/news/2008/05/05/drop/picture.jpg