Sphinn - Microsoft Yanks Its Offer For Yahoo

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Sphinn It!

Went Hot: May 6, 2008 - 2:36 pm
Posted By: theGypsy 426 days ago
Topic Type: News Story (Jump to http://searchengineland.com)
Category: Microsoft

SEL - It's not entirely clear if this marks the end of the whole episode but it certainly appears to (at least on the surface.) A skeptic might see this as a power play to deflate Yahoo's stock and then come back with a tender offer or another try to buy the company in a weakened state.

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from Gab 425 days ago #

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I hope Yahoo stock tanks and Microsoft buys them for a song. Stupid ass Yahoo management decision turning down the one opportunity to increase competition to Google...

from LadyBull 424 days ago #

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Have to agree Gab. This is the one decision that Yahoo might really end up regretting and paying dearly for.

from Schooley02 424 days ago #

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Yahoo seems to be back pedalling now. With their stock tumbling and them coming out saying that they were never against the original bid (that it wasn't in writing was their concern), this gives the edge to Microsoft. They can now make a lower bid than was originally stated because Yahoo doesn't want to upset anymore shareholders. That's what happens when you call a bluff and lose!