Tuesday, February 12, 2008

Microsoft’s $44.6 Billon Offer to Yahoo: Rejected


Microsoft’s $44.6 Billon Offer to Yahoo: Rejected



Yes the updating news which is flying in the world is that Yahoo has rejected the offer made by Microsoft to acquire Yahoo. The official updated news is Yahoo rejected the offer of Microsoft saying the offer is too low.

The mystery is now revealed about the Yahoo’s plan and can be said as a new step by the jerry (A small mouse) in the defensive step on the attack by tom’s (A Kitten) jumps over jerry.

This would certainly raise the war of words between the Yahoo and Microsoft and has actually begun where Microsoft has described the Yahoo’s response as “Unfortunate” and said the proposal was fair enough.

So, the dream about combination of Microsoft-Yahoo! to create a more effective company that would provide greater value and services is on hold now after the news.
The official statement from the Microsoft says


"It is unfortunate that Yahoo! has not embraced our full and fair proposal to combine our companies. Based on conversations with stakeholders of both companies, we are confident that moving forward promptly to consummate a transaction is in the best interests of all parties.

We are offering shareholders superior value and the opportunity to participate in the upside of the combined company. The combination also offers an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market.

A Microsoft-Yahoo! combination will create a more effective company that would provide greater value and service to our customers. Furthermore, the combination will create a more competitive marketplace by establishing a compelling number two competitor for Internet search and online advertising.

The Yahoo! response does not change our belief in the strategic and financial merits of our proposal. As we have said previously, Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo’s shareholders are provided with the opportunity to realize the value inherent in our proposal."



This seems very impressive from the point of view of Microsoft as they are likely to do all the formats to acquire Yahoo and lot more things will be happening in the coming days.

Now the next step by Microsoft will be directed straight to shareholders with the bid. So, what are your comments as all the things are open and the next step is almost known?

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5 comments:

Ishaan said...

hi amit,
nice post.

It would ahoo had accepted microsoft's offer. It would have meant that there was a big company that could out compete google because they seem to be rnnng away withthis internet game.

Ishaan said...

Hi Amit,
Just wanted to let you know that you won the Blogger to blogger competition! Congrats!

for more info just go here:

http://bloggertoblogger.blogspot.com/2008/03/long-awaited-results.html

Ishaan

Mohamed Taher said...

Hi Amit
Noticed your blog among those in Que @ Get A Blog Review

http://www.blogcatalog.com/group/get-a-blog-review/discuss/entry/one-blog-review-a-day#comment_135624

Do they really rev?
Let me know if you get a response.
Stay connected, Best MT

Amit said...

I am glad and happy on winning the competition organized by ishaan on his blog http://bloggertoblogger.blogspot.com and i will give you the details as soon as possible.

Amit said...

Hi Mohamed Taher

I have not got any review till date and what can i say on

"Do they really rev?"

As i haven't got even a single review for my blog.