Microsoft Makes $44.6 Billion Bid for Yahoo - Page 2

Jclarke · 02-09-2008, 07:50 PM

Damn, you're right -- my interent is just standard broadband, but quite faster than I used to have previously. But the World class internet is not in just yet, though.

1141 kb/s (download)
220kbkb/s (upload)
http://www.speedtest.net/result/232593491.png

Andrew - maybe!

omegaman · 02-09-2008, 08:25 PM

This is my speed test result:

We have 4th world internet..

sequoias · 02-09-2008, 08:34 PM

Quote:

Originally Posted by Jclarke

Damn, you're right -- my interent is just standard broadband, but quite faster than I used to have previously. But the World class internet is not in just yet, though.

1141 kb/s (download)
220kbkb/s (upload)
http://www.speedtest.net/result/232593491.png

Andrew - maybe!

Most regular high speed internet in the US is about between 3-8 mbps download speeds on average and upload speeds varies. I will moving to a new place which is slower internet, probably bad landline cable or node. It's under the same company as I'm with.

Sorry everyone for the off topic not related to M$ and Yahoo.

Pacman · 02-09-2008, 08:40 PM

Yahoo board to spurn $44B Microsoft bid

SAN FRANCISCO - Yahoo Inc.'s board will reject Microsoft Corp.'s $44.6 billion takeover bid after concluding the unsolicited offer undervalues the slumping Internet pioneer, a person familiar with the situation said Saturday.

The decision could provoke a showdown between two of the world's most prominent technology companies with Internet search leader Google Inc. looming in the background. Leery of Microsoft expanding its turf on the Internet, Google already has offered to help Yahoo avert a takeover and urged antitrust regulators to take a hard look at the proposed deal.

If the world's largest software maker wants Yahoo badly enough, Microsoft could try to override Yahoo's board by taking its offer — originally valued at $31 per share — directly to the shareholders. Pursuing that risky route probably will require Microsoft to attempt to oust Yahoo's current 10-member board.

Alternatively, Microsoft could sweeten its bid. Many analysts believe Microsoft is prepared to offer as much as $35 per share for Yahoo, which still boasts one of the Internet's largest audiences and most powerful advertising vehicles despite a prolonged slump that has hammered its stock.

Yahoo's board reached the decision after exploring a wide variety of alternatives during the past week, according to the person who spoke to The Associated Press. The person didn't want to be identified because the reasons for Yahoo's rebuff won't be officially spelled out until Monday morning.

Microsoft and Yahoo declined to comment Saturday on the decision, first reported by The Wall Street Journal on its Web site.

Yahoo's board concluded Microsoft's offer is inadequate even though the company couldn't find any other potential bidders willing to offer a higher price.

Without other suitors on the horizon, Yahoo has had little choice but to turn a cold shoulder toward Microsoft if the board hopes to fulfill its responsibility to fetch the highest price possible for the company, said technology investment banker Ken Marlin.

"You would expect Yahoo's board to reject Microsoft at first," Marlin said. "If they didn't, they would be accused of malfeasance."

But by spurning Microsoft, Yahoo risks further alienating shareholders already upset about management missteps that have led to five consecutive quarters of declining profits.

The downturn caused Yahoo's stock price to plummet by more than 40 percent, erasing about $20 billion in shareholder wealth, in the three months leading up to Microsoft's bid.

Seizing on an opportunity to expand its clout on the Internet, Microsoft dangled a takeover offer that was 62 percent above Yahoo's stock price of just $19.18 when the bid was announced Feb. 1. Yahoo shares ended the past week at $29.20.

Led by company co-founder and board member Jerry Yang, Yahoo now will be under intense pressure to lay out a strategy that will prevent its stock price from collapsing again. What's more, Yang and the rest of the management team must convince Wall Street that they can boost Yahoo's market value beyond Microsoft's offer.

Yahoo's shares traded at $31 as recently as November, but have eroded steadily amid concerns about the slowing economy and frustration with the slow pace of a turnaround that Yang promised last June when he replaced former movie studio mogul Terry Semel as Yahoo's chief executive officer.

This isn't the first time that Yahoo has spurned Microsoft. The Redmond, Wash.-based company offered $40 per share to buy Yahoo a year ago only to be shooed away by Semel, according to a person familiar with the matter. The person didn't want to be identified because that bid was never made public.

Yahoo now may want that Microsoft to raise its price to at least $40 per share again. That would force Microsoft to raise its current offer by about $12 billion — a high price that might alarm its own shareholders.

Microsoft's stock price already has slid 12 percent since the company announced its Yahoo bid, reflecting concerns about the deal bogging down amid potential management distractions, sagging employee morale and other headaches that frequently arise when two big companies are combined.

Although it isn't involved directly in the deal, Google is the main reason Yahoo is being pursued by Microsoft.

Yahoo has struggled largely because it hasn't been able to target online ads as effectively as Google.

Microsoft believes Yahoo's brand, engineers, audience and services will provide the company with valuable weapons in its so far unsuccessful attempt to narrow Google's huge lead in the lucrative Internet search and advertising markets.

As it examined ways to thwart Microsoft, Yahoo considered an advertising partnership with Google — an alliance long favored by analysts who believe it would boost the profits of both companies. It was unclear Saturday if Yahoo's plans for boosting its stock price include a Google partnership, which would probably face antitrust issues.

A Microsoft takeover of Yahoo would also be scrutinized by antitrust regulators in the United States and Europe. The antitrust uncertainties could be cited as one of the reasons that Yahoo's board decided to spurn Microsoft.

Yahoo board to spurn $44B Microsoft bid - Yahoo! News

It's great news about Yahoo rejected the MS deal.

PuyoPiyo · 02-09-2008, 09:08 PM

Wonderful news! Glad Yahoo is smart enough

Banjo · 02-09-2008, 09:59 PM

Quote:

Originally Posted by omegaman

This is my speed test result:

We have 4th world internet..

omegaman · 02-09-2008, 11:30 PM

Quote:

Originally Posted by Banjo

Your's looks better

sequoias · 02-09-2008, 11:41 PM

Quote:

Originally Posted by omegaman

Your's looks better

Mine has better upload speed than Banjo's though. I have slower download speed.

Look at "59ms" that's slower response time. Mine's 19 and yours is 18.

Banjo · 02-10-2008, 08:44 AM

Quote:

Originally Posted by sequoias

Mine has better upload speed than Banjo's though. I have slower download speed.

Look at "59ms" that's slower response time. Mine's 19 and yours is 18.

Mine is a 16Mbps connection, it's always fast.

Just took another test...

I'm not too sure about the ping. From the reviews I read about the cable service, it is quite fast but with slow ping time. I'm not sure why that is the case.

However, I must say I am satisfied with it.

Jclarke · 02-10-2008, 04:03 PM

Gee, we're off topic yet again...

Pacman · 02-10-2008, 04:11 PM

Quote:

Originally Posted by Jclarke

Gee, we're off topic yet again...

Don't worry about it.

I'm letting you to discuss about internet connection until topic has been last.

Jclarke · 02-10-2008, 04:13 PM

Quote:

Originally Posted by Pacman

Don't worry about it.

I'm letting you to discuss about internet connection until topic has been last.

Awesome and do you mean "lost" or until the topic comes back with news of the M$ shit?

Pacman · 02-10-2008, 04:13 PM

Quote:

Originally Posted by PuyoPiyo

Wonderful news! Glad Yahoo is smart enough

lol, yup, I bet Steve Ballmer is crying in his bedroom and begging his wife for some help.

Pacman · 02-10-2008, 04:15 PM

Quote:

Originally Posted by Jclarke

Awesome and do you mean "lost" or until the topic comes back with news of the M$ shit?

It means if you feel want enough with internet connection or getting bored.

Wokamuka · 05-03-2008, 10:09 PM

FYI:

BBC NEWS | Business | Microsoft walks away from Yahoo

Quote:

Software giant Microsoft has dropped its three-month-old bid to buy internet firm Yahoo because the two sides cannot agree on an acceptable sale price.

Microsoft chief executive Steve Ballmer formally withdrew the offer in a letter to Yahoo chief executive Jerry Yang.

Mr Ballmer said Microsoft had raised its original offer from $44.6bn to $47.5bn (£24.1bn) - $33 per share.

But he added that Yahoo had insisted on at least $53bn, or $37 a share - more than Microsoft was prepared to pay.

The Highlander · 05-03-2008, 10:30 PM

Quote:

Originally Posted by Pacman

lol, yup, I bet Steve Ballmer is crying in his bedroom and begging his wife for some help.

Crying?
Nah. He pissed off

Calvin · 05-03-2008, 11:06 PM

Microsoft says it is ending bid for Yahoo - May. 3, 2008

LOL M$ gave up

Jclarke · 05-04-2008, 12:01 AM

Quote:

Originally Posted by Jclarke

Damn, you're right -- my interent is just standard broadband, but quite faster than I used to have previously. But the World class internet is not in just yet, though.

1141 kb/s (download)
220kbkb/s (upload)
http://www.speedtest.net/result/232593491.png

Andrew - maybe!

This is actually my parents internet LOL

here's my own

jiro123 · 05-07-2008, 02:11 AM

Skipper - oh don't worry about Microsoft's stock value. Steve Ballmer is a very very very smart businessman. He and his super-genius team have already computed ALL possibilities. They expect to have Microsoft stock dropped when announcing the acquisition of Yahoo. They don't care about loss because they shit money anyway - BILLIONS OF DOLLARS profit compared to some few million bucks loss.

They expect Jerry Yang (Yahoo founder) to say no to the value Microsoft's offering which is why they later threated hostile takeover. Microsoft knows hostile takeover can be very damaging because they may lose Yahoo's key players. Yahoo didn't budge to Microsoft's threat so they had another meeting to talk price again.

At the meeting, Jerry Yang wants $33/share but Microsoft said nope... $40/share but Yang bargained to $37/share. (correct me if I'm wrong about these prices) The deal went kaput and then later... Microsoft withdrew its offer. Guess what happened? Yahoo's stock value went KAPUT - about 20% loss. Now that is extraordinary significant loss!!!! You're talking about SEVERAL HUNDRED MILLION dollars loss! Major shareholders and Yahoo boards are not exactly pleased at all and Jerry Yang could lose his job.

This is exactly same move that Oracle pulled on B.E.A. Systems. Oracle wanted to acquire BEA Systems but there was some resistance and disagreement over price. So Oracle withdrew its offer and BEA's stock became worthless - JUNK STOCK. So BEA apologized and negotiated again with Oracle. This sucks for BEA because the offer was lower than original.

ha ha ha ha poor bastard! so.... yea I suppose Microsoft's pulling similar trick.

CCfan · 05-08-2008, 02:29 AM

I'm happy about that. Microsoft gave up with Yahoo bid!

Whew! I will stick with Yahoo
until its further notice will be announced.

Calvin · 05-08-2008, 03:53 AM

Since M$ failed to to buy Yahoo... then perhaps

Google would be M$'s next victim?

harleymn · 05-08-2008, 04:13 PM

Yeah i heard about it the yahoo says that microsoft was say 55billion under bid, So Yahooo washed thier hands so therefore the deal is over with !!!!!

Calvin · 05-10-2008, 03:48 AM

Quote:

Originally Posted by Calvin

Since M$ failed to to buy Yahoo... then perhaps

Google would be M$'s next victim?

Maybe that could happen

Inside Microsoft's war against Google

02-09-2008, 07:50 PM	#31 (permalink)
Jclarke take it or leave it Join Date: Nov 2006 Location: Canberra, Australia Posts: 5,122 Blog Entries: 2	Damn, you're right -- my interent is just standard broadband, but quite faster than I used to have previously. But the World class internet is not in just yet, though. 1141 kb/s (download) 220kbkb/s (upload) http://www.speedtest.net/result/232593491.png Andrew - maybe! __________________ Be glad of life, becuase it gives you the chance to love and work and to play and to look up at the stars - Henry Van Dyke

02-09-2008, 08:25 PM	#32 (permalink)
omegaman ambient Join Date: Dec 2007 Location: Remember what the doorknob said... Posts: 474	This is my speed test result: We have 4th world internet.. __________________

02-09-2008, 08:40 PM	#34 (permalink)
Pacman mAc OwNs Pc Join Date: Mar 2005 Posts: 11,332	Yahoo board to spurn $44B Microsoft bid SAN FRANCISCO - Yahoo Inc.'s board will reject Microsoft Corp.'s $44.6 billion takeover bid after concluding the unsolicited offer undervalues the slumping Internet pioneer, a person familiar with the situation said Saturday. The decision could provoke a showdown between two of the world's most prominent technology companies with Internet search leader Google Inc. looming in the background. Leery of Microsoft expanding its turf on the Internet, Google already has offered to help Yahoo avert a takeover and urged antitrust regulators to take a hard look at the proposed deal. If the world's largest software maker wants Yahoo badly enough, Microsoft could try to override Yahoo's board by taking its offer — originally valued at $31 per share — directly to the shareholders. Pursuing that risky route probably will require Microsoft to attempt to oust Yahoo's current 10-member board. Alternatively, Microsoft could sweeten its bid. Many analysts believe Microsoft is prepared to offer as much as $35 per share for Yahoo, which still boasts one of the Internet's largest audiences and most powerful advertising vehicles despite a prolonged slump that has hammered its stock. Yahoo's board reached the decision after exploring a wide variety of alternatives during the past week, according to the person who spoke to The Associated Press. The person didn't want to be identified because the reasons for Yahoo's rebuff won't be officially spelled out until Monday morning. Microsoft and Yahoo declined to comment Saturday on the decision, first reported by The Wall Street Journal on its Web site. Yahoo's board concluded Microsoft's offer is inadequate even though the company couldn't find any other potential bidders willing to offer a higher price. Without other suitors on the horizon, Yahoo has had little choice but to turn a cold shoulder toward Microsoft if the board hopes to fulfill its responsibility to fetch the highest price possible for the company, said technology investment banker Ken Marlin. "You would expect Yahoo's board to reject Microsoft at first," Marlin said. "If they didn't, they would be accused of malfeasance." But by spurning Microsoft, Yahoo risks further alienating shareholders already upset about management missteps that have led to five consecutive quarters of declining profits. The downturn caused Yahoo's stock price to plummet by more than 40 percent, erasing about $20 billion in shareholder wealth, in the three months leading up to Microsoft's bid. Seizing on an opportunity to expand its clout on the Internet, Microsoft dangled a takeover offer that was 62 percent above Yahoo's stock price of just $19.18 when the bid was announced Feb. 1. Yahoo shares ended the past week at $29.20. Led by company co-founder and board member Jerry Yang, Yahoo now will be under intense pressure to lay out a strategy that will prevent its stock price from collapsing again. What's more, Yang and the rest of the management team must convince Wall Street that they can boost Yahoo's market value beyond Microsoft's offer. Yahoo's shares traded at $31 as recently as November, but have eroded steadily amid concerns about the slowing economy and frustration with the slow pace of a turnaround that Yang promised last June when he replaced former movie studio mogul Terry Semel as Yahoo's chief executive officer. This isn't the first time that Yahoo has spurned Microsoft. The Redmond, Wash.-based company offered $40 per share to buy Yahoo a year ago only to be shooed away by Semel, according to a person familiar with the matter. The person didn't want to be identified because that bid was never made public. Yahoo now may want that Microsoft to raise its price to at least $40 per share again. That would force Microsoft to raise its current offer by about $12 billion — a high price that might alarm its own shareholders. Microsoft's stock price already has slid 12 percent since the company announced its Yahoo bid, reflecting concerns about the deal bogging down amid potential management distractions, sagging employee morale and other headaches that frequently arise when two big companies are combined. Although it isn't involved directly in the deal, Google is the main reason Yahoo is being pursued by Microsoft. Yahoo has struggled largely because it hasn't been able to target online ads as effectively as Google. Microsoft believes Yahoo's brand, engineers, audience and services will provide the company with valuable weapons in its so far unsuccessful attempt to narrow Google's huge lead in the lucrative Internet search and advertising markets. As it examined ways to thwart Microsoft, Yahoo considered an advertising partnership with Google — an alliance long favored by analysts who believe it would boost the profits of both companies. It was unclear Saturday if Yahoo's plans for boosting its stock price include a Google partnership, which would probably face antitrust issues. A Microsoft takeover of Yahoo would also be scrutinized by antitrust regulators in the United States and Europe. The antitrust uncertainties could be cited as one of the reasons that Yahoo's board decided to spurn Microsoft. Yahoo board to spurn $44B Microsoft bid - Yahoo! News It's great news about Yahoo rejected the MS deal. __________________ Mac rulez

02-09-2008, 09:08 PM	#35 (permalink)
PuyoPiyo slotting Join Date: Mar 2007 Location: Couve Wa Posts: 3,956	Wonderful news! Glad Yahoo is smart enough __________________

02-10-2008, 04:03 PM	#40 (permalink)
Jclarke take it or leave it Join Date: Nov 2006 Location: Canberra, Australia Posts: 5,122 Blog Entries: 2	Gee, we're off topic yet again... __________________ Be glad of life, becuase it gives you the chance to love and work and to play and to look up at the stars - Henry Van Dyke

Today
Deafness	Sponsored Links __________________ This advertising will not be shown in this way to registered members. Register your free account today and become a member on AllDeaf.com

05-03-2008, 11:06 PM	#47 (permalink)
Calvin Premium Member Join Date: Nov 2005 Location: California Posts: 1,040	Microsoft says it is ending bid for Yahoo - May. 3, 2008 LOL M$ gave up __________________

05-07-2008, 02:11 AM	#49 (permalink)
jiro123 Registered User Join Date: Apr 2007 Posts: 374	Skipper - oh don't worry about Microsoft's stock value. Steve Ballmer is a very very very smart businessman. He and his super-genius team have already computed ALL possibilities. They expect to have Microsoft stock dropped when announcing the acquisition of Yahoo. They don't care about loss because they shit money anyway - BILLIONS OF DOLLARS profit compared to some few million bucks loss. They expect Jerry Yang (Yahoo founder) to say no to the value Microsoft's offering which is why they later threated hostile takeover. Microsoft knows hostile takeover can be very damaging because they may lose Yahoo's key players. Yahoo didn't budge to Microsoft's threat so they had another meeting to talk price again. At the meeting, Jerry Yang wants $33/share but Microsoft said nope... $40/share but Yang bargained to $37/share. (correct me if I'm wrong about these prices) The deal went kaput and then later... Microsoft withdrew its offer. Guess what happened? Yahoo's stock value went KAPUT - about 20% loss. Now that is extraordinary significant loss!!!! You're talking about SEVERAL HUNDRED MILLION dollars loss! Major shareholders and Yahoo boards are not exactly pleased at all and Jerry Yang could lose his job. This is exactly same move that Oracle pulled on B.E.A. Systems. Oracle wanted to acquire BEA Systems but there was some resistance and disagreement over price. So Oracle withdrew its offer and BEA's stock became worthless - JUNK STOCK. So BEA apologized and negotiated again with Oracle. This sucks for BEA because the offer was lower than original. ha ha ha ha poor bastard! so.... yea I suppose Microsoft's pulling similar trick.

05-08-2008, 02:29 AM	#50 (permalink)
CCfan Registered User Join Date: Nov 2005 Location: St. Paul, MN Posts: 754	I'm happy about that. Microsoft gave up with Yahoo bid! Whew! I will stick with Yahoo until its further notice will be announced. __________________ I am closed captioning fan.

05-08-2008, 03:53 AM	#51 (permalink)
Calvin Premium Member Join Date: Nov 2005 Location: California Posts: 1,040	Since M$ failed to to buy Yahoo... then perhaps Google would be M$'s next victim? __________________

05-08-2008, 04:13 PM	#52 (permalink)
harleymn dallas Join Date: Nov 2004 Location: texas Posts: 298	Yeah i heard about it the yahoo says that microsoft was say 55billion under bid, So Yahooo washed thier hands so therefore the deal is over with !!!!!

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode