Yahoo Board to Reject Microsoft Bid

Discussion in 'Yahoo' started by akel, Feb 9, 2008.

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  1. #1
    according to "The Wall Street Journal"

    Yahoo Inc.'s board plans to reject Microsoft Corp.'s unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.
     
    akel, Feb 9, 2008 IP
  2. hostevery

    hostevery Peon

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    #2
    Thats a lot of money...
     
    hostevery, Feb 9, 2008 IP
  3. movidalatina

    movidalatina Well-Known Member

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    #3
    Hummn..will the stock suffer?
     
    movidalatina, Feb 9, 2008 IP
  4. Traimech

    Traimech Guest

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    #4
    Very Much So, Id Expect the Stocks to Drop to below 19
     
    Traimech, Feb 9, 2008 IP
  5. donepoppedup

    donepoppedup Peon

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    #5
    Well everyone better get rid of their Yahoo stocks now!!!
     
    donepoppedup, Feb 9, 2008 IP
  6. CashoutChick

    CashoutChick Peon

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    #6
    But it isn't confirmed yet, perhaps this is an industry rumor?

    Hope MC gets what they want for the sake of everyone else, and dude, that's a lot of money to reject. Even if it's Yahoo!
     
    CashoutChick, Feb 10, 2008 IP
  7. krates

    krates Active Member

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    #7
    krates, Feb 10, 2008 IP
  8. aspire

    aspire Well-Known Member

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    #8
    Could be a rumour. Yahoo has been talking to MS for some time. The rejection, if there, could be with the objective of better negotiations.
     
    aspire, Feb 10, 2008 IP
  9. devilhead_satish

    devilhead_satish Peon

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    #9
    Yahoo has little reason to reject the bid... they're not being very profitable these days.
     
    devilhead_satish, Feb 10, 2008 IP
  10. onlinedesign2007

    onlinedesign2007 Peon

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    #10
    This is MS's only last opportunity to hit big into the online advertising market. If YaHoo rejects the bid then MS will have to do a lot of work to keep pace with big daddy google. But i am sure MS will come up with a better offer if this one gets rejected.
     
    onlinedesign2007, Feb 10, 2008 IP
  11. Spider-Man

    Spider-Man Banned

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    #11
    Short of Yahoo Answers, Yahoo is a 'has been' and they should leave it like that. Although, MSN is a 'never has been' ;) hahaha
     
    Spider-Man, Feb 10, 2008 IP
  12. obay

    obay Notable Member

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    #12
    obay, Feb 10, 2008 IP
  13. DavKapilDev

    DavKapilDev Peon

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    #13
    its good that they rejected the offer....
     
    DavKapilDev, Feb 10, 2008 IP
  14. donepoppedup

    donepoppedup Peon

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    #14
    Found this out a couple of days ago and just thought I'd share it...
    iht.com/articles/2008/02/04/business/04google.php
    Basically, Google has offered to step up and help Yahoo.
     
    donepoppedup, Feb 10, 2008 IP
  15. obay

    obay Notable Member

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    #15
    obay, Feb 10, 2008 IP
  16. digitaleye

    digitaleye Member

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    #16
    well they did the job....
    g power rules......
     
    digitaleye, Feb 10, 2008 IP
  17. angilina

    angilina Notable Member

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    #17
    Yeah true, Yahoo just rejected MS bid
     
    angilina, Feb 11, 2008 IP