Skip to main content

Yahoo Board Rejects Microsoft Offer - Washington Post

ScreenHunter_01 Feb. 10 09.13This could be a prolonged battle as the Microsoft offer was unsolicited. The Washington Post article quoted "sources close to the discussions" so no official statement yet. here are some highlights from the Washington Post article. The Wall Street Journal website  reported this online yesterday.

Microsoft's response could be:

  • Circumvent the board by appealing directly to the shareholders
  • Apply for board positions on Yahoo's board( all 10 positions are up for re-election)
  • Increase its offer per share

Meanwhile the Post article and several other news web sites are speculating on Yahoo's strategy:

  • Yahoo outsources its search-ads function to Google

Google must be happy at least for now. The Yahoo Internet properties have the largest online audience 137 million monthly visitors.

What does this mean for you and me. Life as usual for now and we may be a month away from any new developments here. Let me caveat that by saying I have been proved wrong many times.

Comments

Popular posts from this blog

Flying Emirates 232 from Washington Dulles to Dubai - Review

Emirates flies the Airbus A380-800 from Washington DC to Dubai There was a time that flying between India and the US meant a stopover in London, Frankfurt, Paris or Amsterdam (I loved Amsterdam). However in the past decade this has changed dramatically. Now `Emirates (Dubai) Etihad (Abu Dhabi) Qatar Airways (In Doha, Qatar) have taken over these routes with their new aircraft and great service. From Washington DC, Emirates is an outlier, it flies in the morning at 10.55 from Washington Dulles Airport (IAD) and reaches Dubai at around 8.30 a.m. Other flights, Etihad, Qatar and flights with European stopovers take off after 9 p.m at night. I love this timing but it does cause a disagreement in my house. My wife prefers to fly Eithad due to the timings. My wife's viewpoint is that it is difficult to sleep on the Emirates flight since it starts in the morning. I enjoy the morning flight. My game plan is to sleep less for a few days to my Emirates flight. Once on the flig