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Microsoft Withdraws Yahoo Takeover Offer

mksmac writes "According to the KOMO TV Website, Microsoft has withdrawn its bid for Yahoo after presenting them with an increased offer that was subsequently declined by Yahoo. Frankly, this seems like a smarter decision on Microsoft's part, but I'd like to hear how other people feel about the deal. Should Microsoft have walked away, pressured Yahoo via a hostile takeover or sweetened the pot until Yahoo gave in?" For those who prefer it, the NYT also has coverage, and the story is also at news.com, among many others. I like the Beeb's version as well. And for the Microsoft-centric explanation of why the courtship is over, see Steve Balmer's letter to Jerry Yang.

10 of 336 comments (clear)

  1. No future. by owlnation · · Score: 4, Funny

    Bad day to be a Yahoo employee, bad year really...

    Yahoo's got to the point where not even MS wants them. They're doomed. That's not really a bad thing. Yahoo is evil after all.

    AOL called, they want their business plan back.

  2. Wait, wait... by Linus+the+Turbonerd · · Score: 2, Funny

    So why do we care that this MIcrosoft was bidding on Yahoo? IIRC, the big story was Microsoft bidding on Yahoo!... Of course, I'm surprised we didn't hear about Microsoft's competing bid for Yahoo, but I suppose that the obscurity of the latter could very well be the reason for that.

  3. Re:Credibility lost? by Linus+the+Turbonerd · · Score: 5, Funny

    Well, losing credibility generally implies that it was present in the first place, so...

  4. Re:My question is... by smittyoneeach · · Score: 5, Funny

    which is why Microsoft stock dropped when the offer was first announced...
    Very Interesting Statement That Almost
    Ventured Into Suspicious Territory And
    Vital, Insightful Stock Threat Analysis.
    --
    Get thee glass eyes, and, like a scurvy politician, seem to see things thou dost not.--King Lear
  5. Re:Watch out AOL by Bazar · · Score: 3, Funny

    Nobody wants anything to do with AOL...

    --
    To avoid criticism; Say nothing, Do nothing, Be nothing.
  6. Re:My question is... by Associate · · Score: 4, Funny

    You could have always dumped the account and filled it with solicited SPAM telling Microsoft you were a 45 year old gay midget into tranny foot fetish porn with interests in RC cars, the Book of Mormon, and central Asian camel farming.

    --
    Someone hates these cans.
  7. Re:My question is... by somersault · · Score: 4, Funny

    FUD, monopolism, singlehandedly driving the computer-security business, advertising, creating 'standards'... stuff like that

    --
    which is totally what she said
  8. Re:My question is... by supabeast! · · Score: 4, Funny

    This doesn't seem to have been a particularly well-handled, or deeply-sincere, attempt by Microsoft... so what were they really doing?

    Screwing up. Microsoft has a history of big failures, and the bigger the company gets, the bigger the failures. Putting Uncle Fester in charge certainly hasn't helped. One of these days the board will realize that the Xbox team is the only one left with a fucking clue and put them in charge.
  9. Re: News for Nerds of a Different Type by Mahjub+Sa'aden · · Score: 2, Funny

    Hey, it seems your panties are in a bit of a TWST, using abbreviations isn't the end of the WRLD.

    --
    What is is all that is. Isn't that obvious?
  10. Re:My question is... by drinkypoo · · Score: 3, Funny

    And that is also my take on this. I look at Hotmail, then I look at Yahoo mail, and the conclusion comes naturally.

    "use gmail"

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"