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There are whispers about Jerry Yang hammering out an alternative deal where the investor has a stake in keeping Yahoo as Yahoo...Which means that Microsoft just shot their own search ambitions in the foot with this offer. Ironic, but totally Microsoft.
Submitted: Feb 9, 2008
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View Article: http://www.money-rx.com/blog/2008/02/yahoos-last-line-of-defence-je...
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Yahoo may reject the offer but that doesn't mean they'll turn the boat around. It's not money that ails them and pouring more into the company won't make a difference. They are profitable. They just don't seem to get the latest trends and their company has become a bloated bureaucracy without any clear direction.
They need new management more than anything. Microsoft at least knows how to make money.
Posted: Feb 9, 2008
I am not sure what Yahoo!'s board is thinking, but when you wake up on Monday, their stock is going to be back down in the low 20s. Microsoft will certainly be down as well. I am not sure what Ballmer's strategy will be, but I think that they can just take over the Yahoo! board. There is no reason to raise the offer, because there will be no other offers.
Posted: Feb 9, 2008