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Microsoft Gives Yahoo Deadline on Offer
Yahoo Finance ^ | 2008-04-05 | Mike Acker

Posted on 04/06/2008 6:29:22 AM PDT by Mike Acker

"If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors for the Yahoo board," wrote Microsoft Chief Executive Steve Ballmer.

"If we are forced to take an offer directly to your shareholders, that action will have an undesirable impact on the value of your company from our perspective which will be reflected in the terms of our proposal," he wrote.

(Excerpt) Read more at biz.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: microsoft; yahoo
letter from Hitler?
1 posted on 04/06/2008 6:29:22 AM PDT by Mike Acker
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To: Mike Acker

Oddly, the notice was printed on blue paper, with a number of hexadecimal character blocks directly below. The Blue Takeover Offer of Death!


2 posted on 04/06/2008 6:34:45 AM PDT by coloradan (The US is becoming a banana republic, except without the bananas - or the republic.)
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To: Mike Acker

Anyone else notice Yahoo was only intermittently working yesterday?


3 posted on 04/06/2008 6:38:59 AM PDT by mtbopfuyn (The fence is "absolutely not the answer" - Gov. Rick Perry (R, TX))
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To: ShadowAce

/mark


4 posted on 04/06/2008 6:45:06 AM PDT by KoRn (CTHULHU '08 - I won't settle for a lesser evil any longer!)
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To: Mike Acker

We are Microsoft. Resistance is futile. We will take your technical excellence and pollute it with our mediocrity. You create, we assimilate and destroy.


5 posted on 04/06/2008 6:46:01 AM PDT by Da Coyote
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To: Mike Acker

That sounds an awful lot like extortion to me.


6 posted on 04/06/2008 6:52:27 AM PDT by Mr Ramsbotham (Who's worried about the Bolsheviks? They couldn't be worse than the Tsar!)
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To: All
after...



comes...



and then eventually...


7 posted on 04/06/2008 6:52:48 AM PDT by j_k_l
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To: All

The massive suicide watch of the Mac Cult members would almost be entertaining enough to root for Microsoft to buy Apple.


8 posted on 04/06/2008 6:56:57 AM PDT by j_k_l
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To: j_k_l
And finally, everyone has had enough.


9 posted on 04/06/2008 6:57:13 AM PDT by Gorzaloon
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To: j_k_l
You must be kidding. Google will grow. Microsoft will stagnate and Apple will continue their climb as long as Jobs in on the job. In any case, the DOJ would never allow a Microsoft-Apple merger. Not going to happen.

I do expect a merger of minds between Google and Apple however. Microsoft is their common enemy and I expect the level of cooperation between the two to accelerate.

10 posted on 04/06/2008 6:57:29 AM PDT by InterceptPoint
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To: Mike Acker

Yahoo should take the offer. Microsoft is overpaying.


11 posted on 04/06/2008 6:58:52 AM PDT by buck jarret
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To: Mike Acker

I imagine that before Microsoft’s deadline arrives, their offer will crash, losing all of their work thus far and requiring them to start over.


12 posted on 04/06/2008 7:00:19 AM PDT by RtWngr (Being tolerant of the intolerant is pretty stupid actually.)
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To: Mr Ramsbotham

Not at all—this is typical for hostile and semi-hostile takeovers.


13 posted on 04/06/2008 7:14:39 AM PDT by Young Scholar
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To: InterceptPoint
"In any case, the DOJ would never allow a Microsoft-Apple merger. Not going to happen."

Counting on the government to do the right thing is wishful thinking at best.

Besides, the case could be made that Microsoft and Apple are not direct competitors. One sells software and the other primarily hardware.
14 posted on 04/06/2008 7:21:16 AM PDT by j_k_l
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To: Mike Acker

They don’t call that guy the ‘Embalmer’ for nothing.

Yahoo would be well advised to take the offer, it is generous and more than what Yahoo’s stock is worth.

If you’re going to be eaten, and have a choice between getting washed down with a fine Chianti or some cheap brand like Thunderbird, go for the Chianti.


15 posted on 04/06/2008 7:22:41 AM PDT by mkjessup (Presidential Buffet Choices: "Botulism, Salmonella, or E.Coli -- iow, we get sick no matter what.")
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To: All

Buy him out boys!


16 posted on 04/06/2008 7:33:11 AM PDT by bugs_dallas
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To: Mike Acker

> letter from Hitler?

Translation at:
Microhoo: Ballmer takes off his gloves
http://www.news.com/8301-13953_3-9912291-80.html

Everytime Mafiasoft buys or partners with a
web site, it gets removed from my bookmarks.

I haven’t missed any of them.


17 posted on 04/06/2008 7:57:11 AM PDT by Boundless (Legacy Media is hazardous to your mental health)
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To: InterceptPoint

I would agree...Google & Apple will find a reason to merge. I would also speculate that with the position of the US dollar...it may very well be...that a Japanese company comes out to buy up Apple within the next twelve months.

We can also safely say that Yahoo’s grand future is now pretty much limited...as they are swallowed up by Microsoft. I don’t think the term Yahoo will exist in ten years and we will simply remember them as part of the start-up of the internet.


18 posted on 04/06/2008 8:05:38 AM PDT by pepsionice
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To: j_k_l

Netscape was first?.


19 posted on 04/06/2008 9:01:15 AM PDT by Vaduz (and just think how clean the cities would become again.)
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To: Mike Acker

20 posted on 04/06/2008 8:32:50 PM PDT by rdl6989
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To: rdl6989

rof,lol!

good job!


21 posted on 04/07/2008 4:36:12 AM PDT by Mike Acker
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To: Mike Acker

It’s a shame this is happening. I really like everything about Yahoo’s e-mail and news...


22 posted on 04/07/2008 4:43:48 AM PDT by Dr. Scarpetta
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To: Dr. Scarpetta
Yes "IMHO" what should happen is: (1) MS should be ordered to divest itself of its advertising interests ( i.e. Internet Explorer browser know as "IE" ) and this interest should be sold to Yahoo; and (2) MS should be ordered to assume product liability for security, directing specifically to control program updates such that un-authorized programming cannot be distributed over the net or over the air.
23 posted on 04/07/2008 5:51:18 AM PDT by Mike Acker
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To: Mike Acker

Sounds like MS is making Yahoo an offer they dare not refuse. Unlike the Hitler comparison, at least Balmer won’t liquidate the Yahoo CEO (I hope).


24 posted on 04/07/2008 1:05:32 PM PDT by TexasRepublic (When hopelessness replaces hope, it opens the door to evil.)
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