Microsoft offers Yahoo 44.6 Billion

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#1 Nykc  Icon User is offline

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Microsoft offers Yahoo 44.6 Billion

Post icon  Posted 01 February 2008 - 06:36 AM

Microst offers 44.6 Billion for Yahoo

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AP
Microsoft Offers $44.6B for Yahoo
Friday February 1, 8:39 am ET
By Michael Liedtke, AP Business Writer
Microsoft Makes Unexpected $44.6B Offer for Internet Icon Yahoo

SAN FRANCISCO (AP) -- Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.'s dominance of the lucrative online search and advertising markets.
The surprise offer of $31 per share, made late Thursday and announced Friday, comes with Sunnyvale-based Yahoo in a vulnerable position.

In a statement Friday, Yahoo said it will "carefully and promptly" study Microsoft's bid.

With its profits steadily sliding, Yahoo's stock slipped to a four-year low earlier this week and a new management team has been trying to steer a turnaround but sees more turbulence through 2008.

The announcement sent Yahoo's share price up 60 percent in premarket trading, while Google fell 8 percent, weighted down by a fourth-quarter earnings report that missed Wall Street expectations.

In a letter to Yahoo's board of directors, Microsoft Chief Executive Steve Ballmer indicated the world's largest software maker is determined to bring the two companies together.

To underscore its resolve, Microsoft is offering a 62 percent premium to Yahoo's closing stock price Thursday.

This post has been edited by skyhawk133: 01 February 2008 - 08:28 AM


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Replies To: Microsoft offers Yahoo 44.6 Billion

#2 Jingle  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 01 February 2008 - 07:15 AM

[quote name='nykc' date='1 Feb, 2008 - 06:36 AM' post='303289']
to challenge Google Inc.'s dominance of the lucrative online search and advertising markets.

[quote]
that would be the day :lol:
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#3 Nykc  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 01 February 2008 - 10:42 AM

They have to do something. Firefox and other browsers are taking away from them. Vista is a waste of perfectly good code, and Yahoo was atleast 1 step better than MSN but thats not saying much considering. Although Yahoo was always the easiest to get listed and ranked in.

This post has been edited by nykc: 01 February 2008 - 10:42 AM

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#4 no2pencil  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 01 February 2008 - 10:43 AM

View Postnykc, on 1 Feb, 2008 - 10:42 AM, said:

... Vista is a waste of perfectly good code...

When you outsource your programming departments to 12 year olds for a loaf of bread... well you get what you pay for.

This post has been edited by no2pencil: 01 February 2008 - 10:43 AM

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#5 Martyr2  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 01 February 2008 - 11:25 AM

View Postno2pencil, on 1 Feb, 2008 - 09:43 AM, said:

View Postnykc, on 1 Feb, 2008 - 10:42 AM, said:

... Vista is a waste of perfectly good code...

When you outsource your programming departments to 12 year olds for a loaf of bread... well you get what you pay for.



All I have to say is.... LOL
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#6 RodgerB  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 01 February 2008 - 02:37 PM

Everytime Microsoft touches something web-based, they often lag it up beyond belief and render it a when I really have to website. Gmail > Hotmail, primarily because they put so many ads and crap all over the page. What a waste of 44.6 Billion dollars.

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When you outsource your programming departments to 12 year olds for a loaf of bread... well you get what you pay for.


:hehe: :(!): :snap: :bananaman:
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#7 chili5  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 01 February 2008 - 05:40 PM

I saw that on the news today, I didn't hear much about it, is this just about advertising? or are they buying the entire company?
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#8 Nykc  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 01 February 2008 - 05:45 PM

View Postchili5, on 1 Feb, 2008 - 07:40 PM, said:

I saw that on the news today, I didn't hear much about it, is this just about advertising? or are they buying the entire company?


I believe they are going to try an acquire the entire company, however they will utilize alot of their branding as it is better than many of Microsofts. Emails will probably be affected. MSN Messenger and Yahoo basically already have merged. Microsoft is interested in their search engine more than anything else.
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#9 MarkoDaGeek  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 01 February 2008 - 08:36 PM

Big news, this isn't the first offer from Microsoft and there has been a lot of talk about a Yahoo! buyout lately.

Go Micro$oft.
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#10 Tom9729  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 01 February 2008 - 10:41 PM

My big problem with hotmail was never really that it had ads, or that it was run by Microsoft, there was just never an easy was to use pop3/imap with it (without paying for "pro" or whatever).

I never liked Yahoo, but I hope they turn this down. Even if they aren't the top dog, more competitors are a good thing.

Microsoft is like the giant blob that goes around absorbing everything.
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#11 chili5  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 02 February 2008 - 03:43 AM

I think its not a good idea, a lot of yahoos products are way better than Microsoft but yahoo and msn messenger are almost the same thing now. but if they do get yahoo then are they going to take away pop3 access to yahoo mail as well. I didn't like when they did that to hotmail which never really worked for me.

I don't know if this is good, yahoo has a lot of good products and Microsoft would probably just put a lot of ads on the services that I don't see anyways. ;)

This post has been edited by chili5: 02 February 2008 - 03:44 AM

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#12 Cyborg Ninja  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 02 February 2008 - 03:13 PM

The main reason I used to use Yahoo in the past was for its directories. It facilitated research. Google came along and demolished Yahoo when Yahoo began to surround itself with advertisements and worthless crap, while Google had a simple page with a search box. I see Yahoo as a loser now and I wouldn't want anything to do with it if I were Microsoft. It's like buying the carbon copy of your organization (at least when it comes to the Web).
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#13 Tom9729  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 02 February 2008 - 07:15 PM

I stopped using Yahoo or any of the Yahoo-owned sites (like Launch) when they started requiring Internet Explorer to view them.
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#14 Nayana  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 03 February 2008 - 01:38 AM

If I were Microsoft, I wouldn't buy Yahoo.

But then, Yahoo does have some nice technology that would be useful for Microsoft.

Personally, I don't care. I'm going to use whatever is best, and for me that is currently Google. More competitors are good, yes, but eventually someone else will come up with a better idea and start a new company anyway.

Empires rise and fall.
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#15 lukas76  Icon User is offline

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Re: Microsoft offers Yahoo 44.6 Billion

Posted 06 February 2008 - 06:04 AM

i hope yahoo.com isnt shut down its my only email address!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :angry: :angry: :angry: :angry: :angry: :angry: :angry:
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