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Microsoft Offered $40 a Share For Yahoo

fistfullast33l writes "Bloomberg is reporting that a recently unsealed court case by shareholders against Yahoo reveals that Microsoft offered $40 a share for the Internet search company in January 2007 and Yahoo turned it down. We've extensively discussed Microsoft's bid for Yahoo earlier this year for $33 a share, which was rebuffed. Investor Carl Icahn has launched a proxy fight against Yahoo over the spurning of the Microsoft deal." CWmike notes Computerworld's coverage of the revelations: "The complaint places much of the blame on [Yahoo CEO Jerry] Yang, describing him as someone with a 'well-known' antipathy toward Microsoft who acted out of a personal interest to keep Yahoo independent. Something wrong with that? Oh, yeah... public company."

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  1. Re:It's like watching ugly people kiss by DigDuality · · Score: 1, Redundant

    with the rate of growth of Redhat in the datacenter, I'd throw them up there with Google and Apple too.

  2. Re:It's like watching ugly people kiss by Darkness404 · · Score: 1, Redundant

    The thing though with Red Hat (and Fedora) are losing distro marketshare to Ubuntu and other Debian-based distros. RPM and YUM are miles behind DEB and APT though RPM is improving. I don't think that Red Hat will suddenly go bankrupt, but I think that after the MS collapse it will be Canonical at number 1, Novell and Red Hat tied for number 2 and then Apple for number 3 (Apple cannot survive if it doesn't keep the "better underdog" spot) and then various other Linux businesses such as TurboLinux, Xandros, etc.

    --
    Taxation is legalized theft, no more, no less.