I’m So Sick Of Hearing About This
I, for one, am getting sick of all this Microsoft/Yahoo crap. Just get it over with already. The “proposal” set forth this weekend was a warning shot, fired across the bow of Yahoo.
I think it’s ridiculous that we keep hearing rumors about a takeover and how great it will be for both companies, but I am sure if they plugged all the numbers into a quality budget software package, they would find it’s not a good idea for either company.
Yahoo Inc on Saturday rejected a proposal to sell its search business to Microsoft Corp and hand over the remainder of the company to activist investor Carl Icahn.
Yahoo said in a statement it received the joint proposal from Microsoft and Icahn on Friday evening and was given less than 24 hours to accept. It said Microsoft and Icahn made clear they were unwilling to negotiate the fundamental terms, which include the immediate replacement of Yahoo’s board and removal of top management.
I guarantee that the next shot from Microsoft and Carl Icahn will not miss. They are going for Yahoo blood the next time.
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