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Solve : Microsoft CEO sets deadline for Yahoo deal? |
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Answer» Yahoo Inc has three weeks to accept Microsoft Corp's $31-a-share cash-and-stock offer or Microsoft may lower its bid and TAKE its offer to Yahoo investors, Microsoft said on Saturday. Quote "If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors," Ballmer wrote. LinkOne-way bastiges... Take a company public, and the upside is the large infusion of capital...here to demonstrate the downside is Microsoft, for your edification. Nor would I EXPECT the Federal Communications Commission or the Federal Trade Commission to oppose this, either -- they haven't been on the side of consumers for more than twenty years...but I digress... Yahoo's response - In short: Make bigger offer. Well, yeah, that was also in the back of my feeble brain (make a larger offer) but it got lost in my mini-rant. But, hey, why make a larger offer if you can appeal directly to the shareholders and hope they get greedy... If Microsoft really wants Yahoo that badly, they need to leverage their synergies for a win/win outcome. (There -- some management speak for you -- now, where's my golden parachute? [Preferably, the one without the gaping hole.])MS will win by proxy...the current Board of Yahoo will still get paid in their buyout. They are standing pat for a reason and it's $ $Yeah I have a feeling based off other articles I've read that the investors want this to go through so they'll definitely win by proxy / hostile takeover.Kinda stupid as the final offer stands though...had the investors fired their own board at the highest offer which was around 7 months ago it would've been worth another 20 bucks a share... Greed doesn't always overcome STUPIDITY it seems...Yeah, but if Microsoft is so great, why does this have to be on a hostile basis? I KNOW I'm sounding like someone who (famously) asked, Why can't we all just get along?See above Post... |
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