Battered Yahoo Admits It Overplayed Hand; Open To New Microsoft Talks

by breily on 5/6/2008, 2:09 AM with 36 comments
  • by god on 5/6/2008, 6:04 AM

    I applaude Yahoo for not selling to Microsoft.

    Yahoo is a legend and runs a couple of interesting websites and keeps doing new stuff here and there. I like that. I want that to continue. I dont want them to be swallowd by a company that I dont like.

    And about the money... its only money. Do we all HAVE TO bow down to the dollar and each and every day go the path of the most money? No. I dont. Im free. And everyone who says Jerry HAS TO because he is the CEO of a public traded company has simply been proven wrong. How cool is that? I dont want a predictable world where everything is based on pennies. Lets celebrate some rebellion ;-)

  • by mattmaroon on 5/6/2008, 4:00 AM

    Glad I closed my (relatively small) short position today then. I really didn't see MS doing a hostile takeover. There were just too many poison pills for them to swallow, and it was clear from the beginning that Yang and the board were on an ego trip. They were nuts not to sign immediately.

    Reality is setting in. Which makes me think maybe it's time to go long. What do you all think?

  • by gojomo on 5/6/2008, 4:34 AM

    Anyone else think there's too many MSFT-YHOO soap opera stories here?

    When it's done, I'm sure there will be some 'negotiation hack' lessons. In the meantime, this is noise -- leaks, rumors, transient stock ticks. More appropriate for 'Daytrader News' than 'Hacker News'.

  • by TrevorJ on 5/6/2008, 2:35 AM

    The title of this submission makes me sad. Business sense aside, I really prefer to live my life under the happy assumption that there are still companies out there that can go to-to-toe with MS and not blink.

  • by noelchurchill on 5/6/2008, 4:20 AM

    This is like watching no-limit holdem .. but better!

  • by on 5/6/2008, 2:39 AM

    undefined

  • by god on 5/6/2008, 5:51 AM

    I still dont understand, how the this transaction would look like technically.

    Say, Yahoo agrees to sell itself to MS. Then where would MS send the money to, and how would the shareholders get that money?

  • by on 5/6/2008, 4:29 AM

    undefined

  • by on 5/6/2008, 4:28 AM

    undefined

  • by goodkarma on 5/6/2008, 3:05 AM

    Ouch.

  • by sabat on 5/6/2008, 3:25 AM

    I guess this is part of 'business' that I'll never understand. Why on Earth is it that Yahoo would have to bow down to MS? If you're thinking of the shareholders, wouldn't you be concerned about what MS is going to do to Yahoo (destroy it)? Is it only a (small) gain in share price that matters? Long-term potential be damned?

  • by kyro on 5/6/2008, 4:30 AM

    How would your attitudes towards the situation change had Google been the company bidding for Yahoo? What if it was Apple, had they been in this market?