The point is to make money. This would make the shareholders a lot of money, where the company has a pretty large likelihood of losing the rest of its foothold. The company's leadership could have mitigated that risk and allowed stockholders to merge their investment into something much more long-term.
Not only that, but selling Yahoo to buy Microsoft disregards the taxes I'd be paying on that move, among other things.
If I were a Yahoo shareholder, I'd be excited to be able to convert that into Microsoft stock. To have someone deny me that chance based on a childish rivalry would really upset me.
The point is to make money. This would make the shareholders a lot of money, where the company has a pretty large likelihood of losing the rest of its foothold. The company's leadership could have mitigated that risk and allowed stockholders to merge their investment into something much more long-term.
Not only that, but selling Yahoo to buy Microsoft disregards the taxes I'd be paying on that move, among other things.
If I were a Yahoo shareholder, I'd be excited to be able to convert that into Microsoft stock. To have someone deny me that chance based on a childish rivalry would really upset me.
This kid sounds like a real douche bag. Do your work and don't be smarmy.