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  #1 (permalink)  
Old 04-07-2008, 10:59 AM
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is the PHILLIE PHANATIC
  
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Yahoo! Responds

Quote:
As expected, Yahoo has responded to Microsoft's 3 week ultimatum this morning. The bottom line is pretty clear in a letter signed by Jerry Yang (CEO) and Roy Bostock (chairman). In the "Dear Steve" response to Ballmer they state, "we will not allow you or anyone else to acquire the company for anything less than its full value." They go on to state that, "We consider your threat to commence an unsolicited offer and proxy contest to displace our independent Board members to be counterproductive and inconsistent with your stated objective of a friendly transaction." Make no mistake about it, this is corporate war and will likely end with Yahoo's best engineers working for Google.
Will Microsoft ever quit? Will Yahoo! ever give in? I have no idea.

LiNk
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Old 04-07-2008, 11:45 AM
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Oh snap!

All out corporate war!
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Old 04-07-2008, 12:01 PM
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Old 04-07-2008, 01:18 PM
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Quote:
Originally Posted by panic! View Post
I picture knives and choreographed dance moves!


Am glad yahoo's standing their ground though and not just giving in like biotches
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Old 04-07-2008, 03:46 PM
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nice...
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and Cap'n Crunch. you put those two together and you've got one LETHAL-ASS good time combo
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Old 04-07-2008, 03:48 PM
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yeah, except that "standing your ground" only works when your stockholders are happy with your earnings.
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Old 04-07-2008, 08:26 PM
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true that
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Old 04-07-2008, 08:54 PM
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Is there anyway to dl all my emails from my yahoo mail box? I'd hate to lose that information heh.
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Old 05-05-2008, 11:54 AM
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Yahoo shares fall 17 pct after Microsoft withdraws bid: Financial News - Yahoo! Finance
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Old 05-05-2008, 01:44 PM
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not a surprise. shorted them a week ago. was obvious Yang wouldn't sell.
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