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- thecosmicpope, on 02/25/2008, -3/+44Updates of Yahoo being taken over by Microsoft being posted on Yahoo.com? Is Yahoo playing mind games here? :)
- H0ns, on 02/25/2008, -5/+38We are Microsoft
Lower your IPs and surrender your CMS.
We will add your editorial and technological distinctiveness to our own. Your editors will adapt to
service us.
Resistance is futile! - mrfreeziexp, on 02/25/2008, -1/+31Could someone explain to me what a "hostile takeover bid" is and how Microsoft would pull it off? Do they send Steve Ballmer in there with an AK 47 and an RPG?
- Dometheus, on 02/25/2008, -10/+38Resistance is futile, your life as it was is now over. From this time forward you will Serve us.
- michelspc, on 02/25/2008, -2/+24Yahoo is a public company. Microsoft can buy a controlling stake in Yahoo.
- plizard, on 02/25/2008, -2/+23askbill@yahoo.msn.microsoft.com
- oldhick, on 02/25/2008, -0/+18Typically you buy a portion of their stock. You make you your pitch on how the acquisition will improve share holder value. You get several large institutional share holders to agree with you. You nominate members to the board of Yahoo, you get the large share holders to vote your guys in. The newly convened board agrees to the acquisition.
- ZachSka87, on 02/25/2008, -6/+22A bit cocky are we?
- mikehill33, on 02/25/2008, -7/+19maybe if Yahoo didn't suck, this wouldn't happen.
- sullyz0r, on 02/25/2008, -2/+12Heh. Conflict of interest for Yahoo! News, anyone?
- Nicksname1, on 02/25/2008, -0/+10you forgot some askbill@yahoo.msn.live.hotmail.microsoft.com
- skored, on 02/25/2008, -0/+9Full email here: http://www.microsoft.com/presspass/misc/02-22KJohn ...
- Egoist, on 02/25/2008, -0/+9To add onto oldhick's comment, it's even more complicated than that. Yahoo, like many public companies, has a provision in the shareholder's rights plan to act as a defense against hostile takeovers. If any one shareholder purchases more than 15% of the company, all other shareholders are then given the ability to purchase unlimited shares at half price.
It's a way to pull the rug from under the feet of any company wanting to do what MS is doing. That is the reason that they can't just buy Yahoo directly and are resorting to slipping some friendlies into Yahoo's board to complete the takeover. - nxtwrld, on 02/25/2008, -0/+8they'll send Steve Ballmer, who will hop in the hallway yelling "Developers, developers, developers, developers...." ....until they'll surrender their headquarters....
- cannibaljp, on 02/25/2008, -1/+8Th E.U. Legal System needs more cases on the docket, so this should help them out quite a bit.
- sv650touring, on 02/25/2008, -0/+7This is how I roll
http://youtube.com/watch?v=VVd9wZ7-hwc - Tinendo, on 02/25/2008, -6/+13Punch 'em in the nuts, Yahoo!
- debney, on 02/25/2008, -1/+8Man, I hope whoever it is that they don't eff up Flickr.
- cheesefan, on 02/25/2008, -0/+7"Do they send Steve Ballmer in there with an AK 47 and an RPG?'
Think more along the lines of a chair. - ZachSka87, on 02/25/2008, -0/+7Lawsuit ≠ Win
- Darkhacker, on 02/25/2008, -1/+7I didn't. I had to look it up. I'm a little young for the Star Trek generation though.
http://en.wikipedia.org/wiki/Resistance_is_futile - Fallout911, on 02/25/2008, -1/+7It's going to be either Microsoft or Newscorp.
You choose. - spyrochaete, on 02/25/2008, -0/+6I think that fear expired in the 90s. Now we're afraid of Larry and Sergei.
- spyrochaete, on 02/25/2008, -1/+7Shareholders are suing Yahoo for rejecting Microsoft's buyout. Yahoo has no choice in the matter. No reason for Microsoft to say anything but that the buyout is inevitable.
- cyssero, on 04/18/2009, -3/+8Now let's crown you the ass of Digg as is.
- puma, on 02/25/2008, -0/+5yeah like other places dont do the same.. instead they blind you with free food, car washes and on site laundry services... and you get your own running wheel and water bottle too.
- inactive, on 02/25/2008, -1/+6The people at Microsoft work that way largly because they want to. All of my friends that went to work at Microsoft in the early 90's and kept with it are now starting to retire wealthy. As in, they own their homes, and they have enough cash to sustain them for the rest of their lives. I don't think there is another company that has made as many millionares as Microsoft.
- oldhick, on 02/25/2008, -0/+5I don't think they are looking for a Google killer right now. They are simply trying to be a decent Google competitor.
- triskele, on 02/25/2008, -2/+6That's how they roll.
- inactive, on 02/25/2008, -4/+8Sorry dude, this is Digg. I'm sure just about everyone here knows what that is from.
- Nicksname1, on 02/25/2008, -0/+4Step 1: Board denies offer (The "Board" consists of top shareholders and CEO's buddies) and holds out for more $.
Step 2: Microsoft buys as much of their publicly traded stock as they can get their hands on.
Step 3: Microsoft is now on board and votes to accept its own offer when the time comes.
(Yes this is legal and yes it is fair, that's the risk you take making your company public) - Darkhacker, on 02/25/2008, -0/+4It's a publicly traded company and the share holders and sell them whenever they like to whomever.
- byronm, on 02/25/2008, -0/+3What would 10,000 people do? How about run a 41billion dollar company?
- byronm, on 02/25/2008, -3/+6Google calls it a "Hostile Bid" but the real term is "Unsolicited Offer".
The issue is Yahoo is a public company and didn't answer to its shareholders in rejecting the initial offer which was a decent offer as far as the stock holders (aka stake holders) are concerned. - timusca, on 02/25/2008, -4/+7This is a total waste of money... Yahoo has far too much crap cluttering up and slowing down the site to make it a Google killer.
- weeeezzll, on 02/25/2008, -0/+3Sounds like this merger is going to result in a lot of new Google users.
- kckman, on 02/25/2008, -0/+3Yahoo isn't just a "site" It is a mistake to characterize it so simply.
- winmywii, on 02/25/2008, -1/+4Microsoft's core business is to do everything half-assed.
- spyrochaete, on 02/25/2008, -1/+4Shareholders own the company. It would be scary if they didn't control it.
- OwdenBowden, on 02/25/2008, -0/+3IMHO - The Borg are not M$ (they are more Klingon's) it is a group that is speeding up and posses an enormous intellect which would be Google.com. YES; Google is the Borg as they know all about everything and all.
- spyrochaete, on 02/25/2008, -1/+4That's yet to be determined, but I'd be surprised if it turned out any other way.
- Egoist, on 02/25/2008, -0/+3They're a service-oriented company. It is not required to sell tangible objects in order to have value.
- weeeezzll, on 02/25/2008, -1/+4Not to mention all of the incredible philanthropist it has produced. Few have given as much as the Bill & Melinda Gates Foundation, actually...none, none have given as much.
- quade, on 02/25/2008, -0/+2Am I the only one that thinks it's funny that this is posted on Yahoo! News? Can you imagine the look on the copy desk intern's face when typing "Microsoft is reportedly planning a hostile takeover bi...WTF!?!"
/ Yes, I know it's actually an AFP story... - brundlefly76, on 02/25/2008, -0/+2The story is from the American Foreign Press - would you prefer that Yahoo! hand-editorialize its news feeds and omit stories about itself so you cant read them?
- asurroca, on 02/25/2008, -0/+2underage b& ... oh wait, wrong site
- laaabaseball, on 02/25/2008, -0/+2With Microsoft ads, mind you
- winmywii, on 02/25/2008, -0/+2Actually No means No, we need more money.
- inactive, on 02/25/2008, -1/+3That figures, I forgot most digg users are or act like they are 15 years old.
- sv650touring, on 02/25/2008, -0/+2*this* is the appropriate Borg quote
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