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Microsoft Replies To Yahoo Rejection

Takeover effort continuing

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The response to Yahoo’s “no thanks” to a $44.6 billion acquisition held the not-so-subtle threat of a more aggressive takeover action by Microsoft.

Microsoft won’t take the brushoff from Yahoo, making the next move an interesting one to contemplate. As expected, Microsoft responded to Yahoo’s rejection by suggesting they will keep moving forward with the takeover.

“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!

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There are 3 Comments. Add Yours.
  1. Like (0) Dislike (0)
    Shams

    David, your last line may be the correct version of reality.

    Reply
  2. Like (0) Dislike (0)
    Yes!

    I expected Microsoft to do nothing less.  Don’t want to play nice Yang?  Well, let’s play it rough!!!  Go get them Bill!  Google, start buying diapers because you’ll need them!

    Reply
  3. holding out for an improved offer.

    They know Mircrosoft have the money and will pay the the extra $.

    Its the only way to go for them.

     

    Reply

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