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MSNBC: Former Internet giant Yahoo may be reduced to bargaining with Microsoft for higher price

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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-12-08 02:04 PM
Original message
MSNBC: Former Internet giant Yahoo may be reduced to bargaining with Microsoft for higher price
Yahoo may be unable to elude Microsoft
Former Internet giant may be reduced to bargaining for higher price

http://www.msnbc.msn.com/id/23114361/

By Constance Gustke
MSNBC contributor
updated 2:26 p.m. PT, Mon., Feb. 11, 2008

Yahoo may be reluctant prey for Microsoft. But that doesn’t mean the former Internet wunderkind has a lot of choices.

Yahoo Monday formally rejected Microsoft’s $44.6 billion offer. But in many ways, Yahoo’s hands may be tied in escaping Microsoft's grasp. (Msnbc.com is a joint venture of Microsoft and NBC Universal.)

Microsoft made it clear that its executives have no plans to drop their pursuit. "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," the Redmond, Wash.-based company said in a statement.

Yahoo’s CEO and founder Jerry Yang is in a tough spot: find a better solution or wheedle a better price out of Microsoft. And the latter solution seems like the likeliest scenario.
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GodlessBiker Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-12-08 02:06 PM
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1. Yang is in a tough spot?? How many billions of the 44.6 will he get? Real tough!
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meegbear Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-12-08 02:10 PM
Response to Reply #1
2. For $44.6 billion ...
what's this integrity thing? :shrug:
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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-12-08 02:16 PM
Response to Reply #1
3. Make no mistake, this deal is Yang's Golden Parachute...
...Jerry Yang is going to do what is best for Jerry Yang. He completely lacks the "rock star charisma" of a Steve Jobs, and his return to Yahoo has resulted in nothing more than a steeper plummet.

So he will negotiate one more fat payday for himself before taking his final victory sprint out Yahoo's back door.

He had vision and pissed it away. I'm obviously not a big Jerry Yang...or Yahoo...fan.

:toast:
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Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-12-08 02:45 PM
Response to Reply #3
4. Ironically, the backdoor to many of yahoo games is
www.shove-it.com

I am not kidding.
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