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| Time:
01:19 EST/06:19 GMT | News Source:
Yahoo News |
Posted By: Kenneth van Surksum |
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Yahoo! Inc. , a leading global Internet company, today issued the following statement in response to the announcement by Microsoft Corporation that it is continuing to review potential transactions with Yahoo!:
"Yahoo! has confirmed with Microsoft that it is not interested in pursuing an acquisition of all of Yahoo! at this time. Yahoo! and its Board of Directors continue to consider a number of value maximizing strategic alternatives for Yahoo!, and we remain open to pursuing any transaction which is in the best interest of our stockholders. Yahoo!'s Board of Directors will evaluate each of our alternatives, including any Microsoft proposal, consistent with its fiduciary duties, with a focus on maximizing stockholder value."
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Read Only Comments
Return to News
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Displaying Comments 1 through 4 of 4
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This is an archived static copy of ActiveWin.com.
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#1 By
118479 (141.129.1.98)
at
Monday, May 19, 2008 09:25:29 AM
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My lackys are working tirelessly at getting Yahoo in the MS camp too!
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#2 By
7390 (208.125.21.226)
at
Monday, May 19, 2008 09:45:16 AM
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I truly believe that this is a bad idea for MS! there has been such bad blood created between the two companies that I can't forsee anything fruitfull from this.
essentially, anyone who is or has contributed to the success of yahoo has either left or is cashing out and leaving.
MS is essentially buying yahoo in name only. Yahoo has been on the downward side for a long time and this hostile take over has brought this to light even more.
that google butt boy Wang has created tons of poison pill deals such that if MS takes over it will hurt them.
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#3 By
1896 (68.153.171.248)
at
Monday, May 19, 2008 11:16:31 AM
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#2 : I could not agree more with your statement; also I am not a big fan of this "everything in the cloud" trend; I remember when Win95 was going to be launched all the fuss about the so called "Thin computer" that, supposedly, were going to revolutionize the way we were using computers etc. etc.; now they are pushing the same concept with an even worse spin: put everything somewhere in the cyberspace. I might be wrong but time will tell.
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#4 By
143 (74.129.194.180)
at
Monday, May 19, 2008 11:39:10 AM
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This sounds like a distraction move.
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