By Luis Galarza - Affiliate Marketing Secret Training Guide BlogTodays Internet Marketing News Number One Article Was The One Referring To Yahoo Saying No To Microsoft Takeover Bid Offer!
"The rebuff, formally announced early Monday, wasn't a surprise because Yahoo had leaked its intention over the weekend.Source: Yahoo NewsAs 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."
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."This guys better purchase Yahoo before Google or someone else jumps in the deal and wins the bid.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."
"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?
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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.
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