Tuesday, February 12, 2008

News: Yahoo Said No To Micorsoft Takeover Bid Offer

By Luis Galarza - Affiliate Marketing Secret Training Guide Blog

Todays Internet Marketing News Number One Article Was The One Referring To Yahoo Saying No To Microsoft Takeover Bid Offer!

If you been reading the last Internet marketing and online business news you should know that Microsoft wants to buy Yahoo. Days ago Microsoft offer $44.6 billion or for those investors $31 per share... Well it didn't happen, because Yahoo rejected the bid.... here is what happened:
"The rebuff, formally announced early Monday, wasn't a surprise because Yahoo had leaked its intention over the weekend.

As expected, Yahoo's board unanimously decided to spurn Microsoft after concluding the offer -- originally worth $44.6 billion or $31 per share -- "substantially undervalues" one of the Internet's prized franchises. The cash-and stock deal is now valued at about $40 billion, or $28.91 per share, because of a drop in Microsoft's market value.

But Yahoo didn't raise antitrust concerns about the proposed deal and included language that seemed to invite a higher offer from Microsoft, the world's largest software maker."

Source: Yahoo News

This is a crazy amount of money but I still thinking that Yahoo worth way more than that, and I'm not along, because I check the results of a Yahoo poll asking their visitors "what they think would be a fair bid for Microsoft to offer?" And the winner amount today still is $40 or more per share.

Come on Microsoft... we are talking about buying Yahoo the number one community portal on the Internet! You guys need to ask Mr. Bill Gates to go back to one of his personals bank accounts and take some extra change, because $44.6 billion is not much when you talking about Yahoo.

Here what Microsoft had to said:
"Microsoft, though, didn't seem inclined to raise the bid Monday, releasing a statement describing its current bid as "full and fair."

Calling Yahoo's decision "unfortunate," Microsoft didn't back off from its quest either. "Based on conversations with stakeholders of both companies, we are confident that moving forward promptly to consummate a transaction is in the best interests of all parties," the Redmond, Wash.-based company said.

Microsoft also emphasized it's prepared to "pursue all necessary steps" to get the deal done, raising the prospect that it could take the bid directly to Yahoo shareholders with a so-called "exchange offer" or escalate the acrimony even further by trying to oust Yahoo's 10-member board later this year."

This guys better purchase Yahoo before Google or someone else jumps in the deal and wins the bid.
"While assessing its response to Microsoft, Yahoo's board also examined a wide range of alternatives that included forging an ad partnership with Google, which paid nearly $5 billion in marketing commissions to thousands of Web sites last year.

Without identifying its sources, the Times of London also reported Yahoo is exploring a merger with Time Warner Inc.'s AOL, another popular Internet property that has been struggling in recent years. A Yahoo spokesman declined to comment on the report.

Investors appear convinced Microsoft's bid remains Yahoo's best bet, given the Sunnyvale-based company's profits have been steadily declining despite a management shake up eight months ago and repeated promises of a turnaround extending back to 2006."

Yahoo will be sold but for a lot more money than Microsoft first bid!

What you guys and girls think?

To learn how can you have a full time Search Engine Optimization Lab working for you 24/7 click here.

To your success,

Luis Galarza, Internet Marketing Consultant Massachusetts

About Author: Luis Galarza is a respectable Internet Marketing and Small Business Consultant in the area of Leominster and Fitchburg, Massachusetts. Also, he had teach 100's of entrepreneurs how to make money online and offline without their own product.

Technorati tags: Yahoo vs Microsoft, Top News, Microsoft Buy Yahoo, Internet Marketing, SEO, Beginners, Business News, Marketing News,

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Blogger said...

You can earn $20 for a 20 minute survey!

Guess what? This is exactly what big companies are paying for. They need to know what their average customer needs and wants. So large companies pay $1,000,000's of dollars each month to the average person. In return, the average person, like myself, answers some questions and gives them their opinion.

Blogger said...

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