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Yahoo! Rejects Microsoft's Offer, Says 'Still An Option'

Posted by Zonk on from the oh-just-get-a-room-already dept.

mikkl666 writes "In response to an open letter from Steve Ballmer, Yahoo! posted a press release claiming that Microsoft's offer 'substantially undervalues Yahoo!' and is therefore not in the best interest of the company. They also bemoan that the letter 'mischaracterizes the nature of our discussions' and that the threat to make an offer directly to the shareholders is 'counterproductive and inconsistent with the stated objective of a friendly transaction'. Nevertheless, they explicitly point out that a transaction with Microsoft is still an option, but only if they are willing to pay 'a price that fully recognizes the value of Yahoo!'"

7 of 213 comments (clear)

  1. Pay for Yahoo's true worth? by rolfwind · · Score: 5, Funny

    I thought Yahoo wanted more money, not less.

  2. Re:crack smoker by morgan_greywolf · · Score: 4, Funny

    Hello? Rob Enderle? Is that you?

    --
    My blog
  3. This is like... by seanadams.com · · Score: 4, Funny

    This is like watching ugly people kiss.

    1. Re:This is like... by Anonymous Coward · · Score: 4, Funny

      Right. Microsoft is an M and Yahoo is a Y. We know which penetrates what. Microsoft just doesn't yet realize they're the bitch.

      Yahooooooo!!!!

  4. My yahee, my yahoo by tepples · · Score: 5, Funny

    the blogger said that over 90% of the email addresses in Romania were Yahoo! ones. I can confirm this with the Messenger part. I've never seen anyone giveout a GTalk or MSN id in Romania, only Yahoo!. So that's what the Numa Numa guys were singing about: "My yahee, my yahoo."
  5. Re:crack smoker by rainhill · · Score: 4, Funny

    "what secret pot of gold does yahoo management think they have that's worth so much?"

    a CEO that does not jump on stage and throw chairs

  6. Re:The real question is why? by MrNaz · · Score: 4, Funny

    my bloody underpants

    Hey look, I have no problem with women on Slashdot, but if you're going to hang out here you're going to have to learn to deal with the things that make you different from men.

    --
    I hate printers.