Microsoft Corp. today issued the following statement:
In light of developments since the withdrawal of the Microsoft proposal to acquire Yahoo! Inc., Microsoft announced that it is continuing to explore and pursue its alternatives to improve and expand its online services and advertising business. Microsoft is considering and has raised with Yahoo! an alternative that would involve a transaction with Yahoo! but not an acquisition of all of Yahoo! Microsoft is not proposing to make a new bid to acquire all of Yahoo! at this time, but reserves the right to reconsider that alternative depending on future developments and discussions that may take place with Yahoo! or discussions with shareholders of Yahoo! or Microsoft or with other third parties.
There of course can be no assurance that any transaction will result from these discussions.
Source: Microsloth
[Thanks to MacDailyNews Reader “Jim-TIV” for the heads up.]
I just wish the ‘softies would admit it;
MS’s attempted hostile takeover of Yahoo isn’t about competition, it’s about MS’s inability to compete when people are given a choice.
Nothing irks ‘softies more than having it proven that MS can’t compete unless they cheat.
As some predicted, MS is at it again.
With their first bid, Yahoo’s stock price dropped. Now MS thinks they can swoop in again for the kill this time.
Cubert…. scary thought. In a lot of countries, NO ONE pays retail for MS software. They build their generic DOSBox from components many generations old, buy CDs of XP and Office for $10 each and they’re off. (I’ve seen it!) MS may not be making any money from it, but still, the fact that people use Windows and MS apps continues the monopoly by default.
Stupidity should be painful.
The fact is that a bulk of Yahoo investors, led by Carl Icahn, were really pissed that Jerry Yang let the Microsoft deal fall through. Yahoo is a failing company, teetering on a swift slide to oblivion. For those holding Yahoo stock, the MS offer was seen as generous. No sooner did MS walk away than Yang began publicly attempting to woo them back. He knows he overplayed his hand, and is now vulnerable to stockholder revolt and board takeover by Icahn. This is going to be interesting to watch play out.
Oh for f*ck’s sake. Enough already.
“Stupidity should be painful.”
my god you could hear bush scream from orbit…..
@Cubert / Mr. Reeee
Scary indeed. The laptop initiative has now become an MS breeding ground to further extend their monopoly. These 3rd world developing countries will grow, and guess what their default OS will be? Microsoft. They will be locked in and new CIO/CTO/IT zombies will be hatched, just like all the business in the US.
Best ZuneTake in a while.
Okay … so where am I going to get a non-micro non-soft non-gmail free email account?
Spark is on the right track. What is also important is that now the Yahoo share price is lower and Microsoft can buy the company at a cheaper price. I guess Steve Ballmer is monkeyboy because he can now buy the company for peanuts compared to what it was worth a couple of weeks ago.