Microsoft Says They'll Pay More for Yahoo 12 comments
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Microsoft is leaking that they are willing to increase their Yahoo bid to as much as $33 per share, up from the original $31/share offer. That original offer, which included payment in Microsoft stock, has fallen in value to just $29.12/share.
This is a surprise since Microsoft has previously stated they wouldn’t increase their bid. Analysts largely expected them to either walk from the deal or go hostile.
$33 may not be enough to get Yahoo to move the knife away from their nose, however. The WSJ says they want $35 - $37.
The people say that it’s unclear what final approach Microsoft will take, but that discussions between the two companies have been stymied by a stark divide on price. Microsoft has said privately in recent days that it’s willing to offer as much as $32 or $33 a share, well above the $29.12-a-share value of its original cash-and-stock offer as of Tuesday’s market close, these people say. But major Yahoo shareholders have signaled they want in the range of $35 to $37 a share, with Yahoo’s management and board similarly shooting for an offer in the upper $30s, they add.
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This article has 12 comments:
I am not a big fan of Balmer. I have not seen him be very inventive lately and I think I would be better served as a long time stockholder if MSFT said goodbye to this deal and looked for some smaller deals that allow them to move in the direction they need to move.
1- msft should have never started off with such a huge premium. this is a basic kids lesson at buying/selling anything. as buyer, start low, do not depreciate the sellers product, but dont worship it as well. they could have a done deal, at 31, by starting off at 25+
2- yhoo was trading at its up teens, when the insane 31 came, i thought, "yang is stupid if he doesnt take it" now i see beyond "ballmer is 10x times more stupid, for such higher bid, and keep on insisting"
3- thats what you get for naming you roommate college buddy to run your company, he will sink gates co.
4- who advises ballmer? shit, please, who came up with such a higher bid? i still dont get it.
5- lets put this way, yang asks for more, more and more, and stupid ballmer just give him everything he wants, they merge.. and... ?
it will be just the beginning of a huge mess
ego wars through engineers
interface/linking compatibilities
A DEBT MSFT WILL ACQUIRE, SINCE THEY DONT HAVE 50BILLION+ IN CASH TO PAY.
so, honestly
get this fucking 40 billion bucks, they have from profits from over the past years, and just invest 10% of it, into this "zuckerberg kids" out there, that, believe me, they will come out with much better and creative ideas, than mr. yang his useless portal.
i trully, believe that, there much more things to do with 40 billion dollars, the "zuckerberg kids" are just one of so many, that would be awesome, and consume wayyyyyyyyy less money, and would brig much more revenue at no cost, such as, ego wars, etc..
i think ballmer, has some fetish in acquiring yahoo, and will do everything just to fulfill his needs, like a spoiled kid, to have that desired toy, once he does that. he will play around with it a little, than gets annoyed and look for another one..
really, ballmer is stupid, his advisor's are equally or greater stupid, and will sink microsoft.