Yahoo Sale Could Be Bad for Minnows
397515
Microsoftâs proposed mega-bid for Yahoo is based on its own particular corporate needs and may not be a harbinger of rampant deal-making in Silicon Valley.
333749
Yahoo Inc. is set to reject Microsoft Corp.'s offer, initially worth $44.6 billion, as undervaluing the business, a source familiar with the situation said on Saturday.
374692
Yahoo Inc  is  reportedly in talks with News Corp (NWSa.N) to combine their  Web properties, but Wall Street analysts rained scorn on the  likelihood of a deal that can fend off Microsoft Corp's   $42.1 billion bid for Yahoo.
730355
Yahoo, owner of the most-visited U.S. Web site, will make cutbacks in some areas of its business as it faces increasing competition from Google and Microsoft.
127686
SEATTLE/NEW YORK  - Yahoo Inc rejected Microsoft  Corp's unsolicited $41.6 billion takeover offer as too low on  Monday, forcing the software maker to either sweeten the bid or  adopt a hostile approach to clinch a deal.
263624
Yahoo&#39;s board of directors plans to reject&#160;Microsoft&#39;s unsolicited $44.6 billion takeover bid,&#160;The Wall Street Journal reported Saturday, citing as its source &quot;a person familiar with the situation.&quot;According to the report, the source said the Yahoo board has determined that the $31-per-share offer &quot;massively&#160;undervalues&quot; the online services company. In addition, Microsoft&#39;s buyout bid doesn&#39;t take into consideration the business risks that Yahoo would be taking if it entered into an agreement that in the end might not be approved by government regulators, the source told the Journal.According to the Journal, Yahoo&#39;s board intends to send Microsoft a letter on Monday, detailing its position.A Yahoo spokeswoman declined to comment on the report today. &quot;We are not providing details on the board&#39;s review process,&quot; she wrote. &quot;Yahoo&#39;s board is carefully and thoroughly evaluating the Microsoft proposal in the context of all of the company&#39;s strategic alternatives, and will pursue the best course of action to maximize long-term value for shareholders.&quot;Microsoft, which announced its offer for Yahoo on Feb. 1, couldn&#39;t be reached for comment today. The offer is a combined cash-and-stock deal; in announcing the bid, Microsoft said Yahoo shareholders could choose to receive either cash or Microsoft stock, although it added that the total consideration would be equally split between the two forms of payment.Yesterday, published reports said that Yahoo&#39;s board was meeting to discuss the offer.Yahoo is still evaluating other options,&#160;including a search advertising partnership with Google, according to today&#39;s report by the Journal. It also may still be open to a longer negotiation with Microsoft: The Journal said it was told by the source that Yahoo would be unlikely to consider any offers below $40 per share.If so, that would require Microsoft to raise its original offer by at least 29 percent, or about $13 billion. In other words, the cost for Microsoft to become a more credible rival to Google in the search and online advertising markets could start at about $57.6 billion.Google has been doing what it can to scuttle the Microsoft takeover bid, including playing the antitrust card by asking, in a blog post by one of its executives last Monday, whether Microsoft might &quot;attempt to exert the same sort of inappropriate and illegal influence over the Internet that it did with the PC?&quot;Microsoft quickly shot back, issuing a statement saying that a combination of it and Yahoo merger would &quot;create a more competitive marketplace.&quot;(Eric Lai contributed to this story.)Computerworld is an InfoWorld affiliate.
731795
Yahooâs board decided that Microsoftâs $44.6 billion hostile bid undervalues Yahoo, people involved in the discussions said.
713040
Yahoo has been trying to buy Facebook for a good while now, with the most recent rumored amount being for $1.62 billion. TechCrunch has obtained documents on Yahoo&#8217;s valuation of Facebook, and expected advertising revenue growth over the next 10 years. From TechCrunch: Leaked documents in our possession state that an early offer was $37.5 million for [...]
107113
Microsoft may end up having to raise the amount it is willing to pay for Yahoo if the software company's stock continues to drop while Yahoo's continues to rise.
256121
Yahoo Inc  is set to reject  Microsoft Corp's  unsolicited bid, now worth $42  billion, as too low, a source familiar with the situation told  Reuters on Saturday -- the first clear signal the board might  be prepared to negotiate and sell the Internet media giant.
394882
In a letter to Yahoo&#39;s board, Microsoft CEO Steve Ballmer&#160;offered to acquire the company&#160;for a per-share price of $31 in cash or 0.9509 of a share of Microsoft common stock -- a 62 percent premium above the Jan. 31, closing price of Yahoo -- and cited the broad range of ways in which the companies might work together to create a more effective competitor in the online marketplace. Below is the text of the letter that Microsoft sent to Yahoo&#39;s Board of Directors:
518985
The chance that Yahoo Inc. will put itself up for sale has increased since the most-visited US website lowered its revenue forecast, according to Stanford Group. Microsoft Corp. is a candidate to buy the company, analyst Clayton Moran said.
25406
The surprise offer of $31 a share, which represents a 62 percent premium on Thursdayâs closing price, would bring relief to Yahooâs long-suffering shareholders.
341389
Analysis: The pairing gives Microsoft a needed outlet, but the outcome could quash Yahoo.
580472
The Wall Street Journal reports that no serious bids have emerged to rival Microsoft's $44.6 billion offer for Yahoo. That doesn't mean the company isn't still trying to piece something together.
409347
Yahoo! must consider the Microsoft deal on the table.
420450
Yahooâs board decided that Microsoftâs $44.6 billion hostile bid undervalues Yahoo, a person familiar with the matter said.