Microsoft plans HOSTILE takeover of Yahoo this week!

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  • DateDoc
    Outside looking in.
    • Feb 2005
    • 14243

    #1

    Microsoft plans HOSTILE takeover of Yahoo this week!

    Yahoo's board rejected M$ bid for yahoo over a week ago. Yang says Y! is worth more than M$ offered. Gates says the offer is fair and now they will try to takeover Y! in a proxy battle.

    http://www.msnbc.msn.com/id/23237868/
  • WiredGuy
    Pounding Googlebot
    • Aug 2002
    • 34517

    #2
    They really seem to want it badly.
    WG
    I play with Google.

    Comment

    • DateDoc
      Outside looking in.
      • Feb 2005
      • 14243

      #3
      Originally posted by WiredGuy
      They really seem to want it badly.
      WG
      Without Yahoo they will always be #2. They are too far behind Google to catch up by themselves. Even with Yahoo they still may not catch Google but it is their only logical chance to do it as quickly as possible.

      Comment

      • aico
        Moo Moo Cow
        • Mar 2004
        • 14748

        #4
        Microcrap needs to stick to the software business, everything else they try to do fails, they'll just fuck this up too.

        Comment

        • qxm
          Confirmed User
          • Jul 2006
          • 5970

          #5
          it looks like its gonna happen.........money talks....

          ICQ: 266990876

          Comment

          • pornask
            So Fucking Banned
            • Aug 2006
            • 6518

            #6
            anything but google

            Comment

            • GatorB
              The Demon & 12clicks
              • Oct 2001
              • 18208

              #7
              Originally posted by qxm
              it looks like its gonna happen.........money talks....
              They offered money, yahoo says no. I've never gotten this idea that I can start a company and some other guy can just come in and take it over. WTF? That should be illegal. That basically thievery. That would be like me offering you $10 for your car, you tell me no, and I can still take it if I want to.

              Comment

              • Diligent
                Confirmed User
                • Aug 2003
                • 1594

                #8
                GatorB, I'm guessing the possibility for it is due to the 51%-of-shares rule.
                Then it's simply a matter of the majority of shareholders voting for a sale...

                So does anyone know what percentage of shares "external shareholders" hold..?
                (I'm not that *diligent* in looking that up right now, lol)
                ~¤~ MORE MONEY ~¤~ VOD? XoD! ~¤~
                ~¤~ ICQ# 9828 2461 ~¤~

                Comment

                • dav3
                  Confirmed User
                  • May 2007
                  • 7348

                  #9
                  Let's wage a proxy battle for the MS HQ!!!
                  Webmasters :: Juicy Ads :: ACWM :: Crak Revenue :: Money Tree

                  Comment

                  • DateDoc
                    Outside looking in.
                    • Feb 2005
                    • 14243

                    #10
                    Originally posted by Diligent
                    GatorB, I'm guessing the possibility for it is due to the 51%-of-shares rule.
                    Then it's simply a matter of the majority of shareholders voting for a sale...

                    So does anyone know what percentage of shares "external shareholders" hold..?
                    (I'm not that *diligent* in looking that up right now, lol)
                    there are about 1.34 billion shares - not sure as to how much Yahoo has control over. http://moneycentral.msn.com/ownership?Symbol=YHOO

                    Comment

                    • gideongallery
                      Confirmed User
                      • Aug 2003
                      • 7082

                      #11
                      Originally posted by GatorB
                      They offered money, yahoo says no. I've never gotten this idea that I can start a company and some other guy can just come in and take it over. WTF? That should be illegal. That basically thievery. That would be like me offering you $10 for your car, you tell me no, and I can still take it if I want to.
                      you realize the insiders only own like 10% of the company

                      the key is that they sold 90% to other people

                      microsoft "hostile" takeover is basically saying let the 90% decide if they want to take the microsoft deal.

                      instead of going all for one, microsoft will be approaching all those institutional investors to buy up the stock at the higher price.


                      if more than 54% of those institutional investors like the $35 deal then microsoft will have a majority in favor even though the yahoo insider (10%) said no.

                      “When crimes occur through the mail, you don’t shut the post office down,” Steve Wozniak

                      Comment

                      • Diligent
                        Confirmed User
                        • Aug 2003
                        • 1594

                        #12
                        Originally posted by DateDoc
                        there are about 1.34 billion shares - not sure as to how much Yahoo has control over. http://moneycentral.msn.com/ownership?Symbol=YHOO
                        Alright.. that's pretty fucking many, lol

                        So I'm guessing MS can go ahead with that
                        ~¤~ MORE MONEY ~¤~ VOD? XoD! ~¤~
                        ~¤~ ICQ# 9828 2461 ~¤~

                        Comment

                        • Snake Doctor
                          I'm Lenny2 Bitch
                          • Mar 2001
                          • 13449

                          #13
                          Originally posted by GatorB
                          They offered money, yahoo says no. I've never gotten this idea that I can start a company and some other guy can just come in and take it over. WTF? That should be illegal. That basically thievery. That would be like me offering you $10 for your car, you tell me no, and I can still take it if I want to.
                          If you got 100 of your friends together to buy a car, and you each put in money towards the purchase and therefore owned a "share" of the car, then your friends can sell their shares whenever they want and if someone ends up with 51% of the shares, they control the car.....even if it was originally your idea to buy the car.

                          If you want to own a company that nobody can take away from you, then don't sell more than 49% of it.
                          sig too big

                          Comment

                          • Barefootsies
                            Choice is an Illusion
                            • Feb 2005
                            • 42635

                            #14
                            Originally posted by GatorB
                            They offered money, yahoo says no. I've never gotten this idea that I can start a company and some other guy can just come in and take it over. WTF? That should be illegal. That basically thievery. That would be like me offering you $10 for your car, you tell me no, and I can still take it if I want to.
                            Capitalism at it's finest.
                            Should You Email Your Members?

                            Link1 | Link2 | Link3

                            Enough Said.

                            "Would you rather live like a king for a year or like a prince forever?"

                            Comment

                            • V_RocKs
                              Damn Right I Kiss Ass!
                              • Nov 2003
                              • 32466

                              #15
                              I think the shareholders will hold out for other bids... Only because it is Microsoft and the last thing they want is to be Microsoft shareholders.

                              Comment

                              • D
                                Confirmed User
                                • Jan 2006
                                • 7412

                                #16
                                Originally posted by Snake Doctor
                                If you got 100 of your friends together to buy a car, and you each put in money towards the purchase and therefore owned a "share" of the car, then your friends can sell their shares whenever they want and if someone ends up with 51% of the shares, they control the car.....even if it was originally your idea to buy the car.

                                If you want to own a company that nobody can take away from you, then don't sell more than 49% of it.


                                I say: go Microsoft.

                                Now might be the time to consider selling those Yahoo stocks, if you got them... I'd think Microsoft's gonna make an attractive offer if they're out for blood.
                                -D.
                                ICQ: 202-96-31

                                Comment

                                • JuiceMonkey
                                  Confirmed User
                                  • Oct 2004
                                  • 3581

                                  #17
                                  I don't see why google isn't making an offer? If they could get Yahoo it would be lights out for MS.
                                  ICQ: 72251955 GTalk: JuiceMonkey

                                  Comment

                                  • Semi-Retired-Dave
                                    Too lazy to set a custom title
                                    • Apr 2004
                                    • 11190

                                    #18
                                    Originally posted by aico
                                    Microcrap needs to stick to the software business, everything else they try to do fails, they'll just fuck this up too.
                                    Yup, their live.com didn't do very well. Google is dominating. Who still uses Yahoo?
                                    Support a Good Cause

                                    Comment

                                    • slapass
                                      Too lazy to set a custom title
                                      • Nov 2002
                                      • 14625

                                      #19
                                      Originally posted by GatorB
                                      They offered money, yahoo says no. I've never gotten this idea that I can start a company and some other guy can just come in and take it over. WTF? That should be illegal. That basically thievery. That would be like me offering you $10 for your car, you tell me no, and I can still take it if I want to.
                                      Remember he already sold the company, and now he is screwing the shareholders by not letting them cash out at a high price. Thievery yes but on the other end.

                                      Comment

                                      • aico
                                        Moo Moo Cow
                                        • Mar 2004
                                        • 14748

                                        #20
                                        Originally posted by CyberAge-Dave
                                        Yup, their live.com didn't do very well. Google is dominating. Who still uses Yahoo?
                                        I also believe they are the creators of HD-DVD, I could be wrong though. I don't understand why they just don't focus on what they do best, buying up small software companies and putting it on the market.

                                        Comment

                                        • Snake Doctor
                                          I'm Lenny2 Bitch
                                          • Mar 2001
                                          • 13449

                                          #21
                                          Originally posted by Barefootsies
                                          Capitalism at it's finest.
                                          Idiocy at it's finest
                                          sig too big

                                          Comment

                                          • spacedog
                                            Yes that IS me. Bitch.
                                            • Nov 2001
                                            • 14149

                                            #22
                                            Originally posted by CyberAge-Dave
                                            Yup, their live.com didn't do very well. Google is dominating. Who still uses Yahoo?
                                            Apparently alot more than you think.

                                            for every 1 google visit I get, yahoo sends me 20, for same keyword.

                                            Comment

                                            • Scootermuze
                                              Confirmed User
                                              • Dec 2001
                                              • 4513

                                              #23
                                              Any large company is foolish to let go of their controlling interest for this very reason..

                                              Comment

                                              • Dvae
                                                Confirmed User
                                                • Feb 2005
                                                • 5326

                                                #24
                                                Originally posted by Snake Doctor
                                                Idiocy at it's finest
                                                Exactly, its apparent that some don't understand basic economics.
                                                .
                                                .

                                                Arguing with a troll is a lot like wrestling in the mud with a pig, after a couple of hours you realize the pig likes it.

                                                Comment

                                                • slavdogg
                                                  Confirmed User
                                                  • Jan 2001
                                                  • 3570

                                                  #25
                                                  Monkey Boy's three-legged race


                                                  The Borg-Yahoo merger won't work. Here's why. It's like taking the two guys who finished second and third in a 100-yard dash and tying their legs together and asking for a rematch, believing that now they'll run faster.

                                                  Here's the weird thing: I first heard that line about the 100-yard dash from Ballmer himself, maybe a decade ago.

                                                  See, the biggest mistake people make about Monkey Boy is thinking he's dumb. Trust me, he's not dumb. I've known him for years and he's really, really smart. Like scary smart, freako IQ, way high on standardized tests all his life. He remembers everyone he's ever met. He remembers every detail of every meeting and loves to freak out little junior Borgsters by recalling everything that happened at some random one-off from months or even years before. Total photographic memory.

                                                  The problem is not that he lacks IQ. Sure he's Rain Man when it comes to remembering things. The problem is he has no vision, and no imagination. He's all left brain. Hence this Yahoo offer. All he can see is that Google keeps beating the snot out of Microsoft and after all these years his coders still can't create a search engine that works as well as Google's and no matter what Microsoft does they can't catch up. He's tired of banging his head against the wall, so finally he just says, To hell with it, let's buy someone and see what happens. His board is just as tired and bereft of ideas so they say, Sure, whatever, go for it.

                                                  But here's the really dark part of all this. He knows it won't work. He has to know this. He's not stupid. The cultures will never fit together. And the deal is too big. It's not manageable. And it's completely anathema to Microsoft. It's totally out of character for them. It goes against everything the company has ever stood for. Ballmer knows this, and he's doing it anyway. Because this is exactly what every old-guard CEO does when all else fails. I mean it's right there in the official playbook that you get in business school. And ultimately, smart as he is, Ballmer is an old-school kind of guy. He's not really a tech guy. He has a mindset that was formed in Detroit, where he grew up. He's a Big Three automaker kind of guy. And this is a Big Three move. It's Ford buying Jaguar and Land Rover and Volvo because they can't think of anything else to do.

                                                  So if the deal happens -- and I'm not convinced it will -- Ballmer will have bought himself maybe two years before it becomes clear to the entire world that it has failed. By then maybe Ballmer will be gone and someone else will have to mop up the mess. Or maybe Ballmer will still be around, in which case maybe he'll do another deal and buy himself two more years or whatever. He'll figure that out when he gets there. All he knows is that right now he's got to do something. His stock has been underperforming the market for years. His shareholders are pissed. His board is grumbling.

                                                  But what, exactly, is the big vision here? I guess they'll talk about how phase one was the PC revolution and now we're entering phase two which is Internet computing and the cloud and they'll say that by joining together they'll become this giant powerful megacloud provider and the battle for utility computing is going to be all about scale. Oh, and synergy. Yeah. They'll talk a lot about synergy. You know, like when you hook together a bunch of data centers that run on completely different technology stacks.

                                                  Scariest to me is that in all the articles I've seen the one thing Ballmer keeps bringing up is how he'll be able to save $1 billion a year in costs. Are you kidding me? Is this Microsoft or Dunder Mifflin? I mean, I don't doubt he could save a billion a year. But it says a lot about the kind of company Microsoft has become that this is what they're thinking about.

                                                  According to our spies in Redmond the general consensus among the Borg rank-and-file is sheer and total dread. At best they see this as a giant pain in the ass, an enormous drain on resources, an unnecessary and pointless distraction with lots of nights and weekends spent slogging away on random useless bullshit and dealing will all sorts of annoying non-Microsoft people who don't understand how Microsoft does things but can't be blown off or pushed around like the "partners" the Borg is accustomed to dealing with.

                                                  Imagine a circus act in which two enormous, clumsy, awkward elephants that don't really like each other are supposed to mate while riding on skateboards. Now imagine that it is your job, you lucky bastard, to be one of the little circus clowns standing alongside trying to make this extremely unnatural and unholy act take place. Hundreds, maybe thousands, of people will have their lives completely ruined and flipped upside down for the next two years because of this deal. They'll see even less of their kids. And those ski weekends? Forget about it. Ain't gonna happen. Meanwhile Google will keep pulling away.

                                                  That's the good scenario. In the worst-case scenario the merger turns into a never-ending world of shit à la AOL and Time-Warner, and Microsoft ends up gutted and gasping and then they waste another few years debating whether they should break the two companies apart and if so how do they do that and then maybe some prick like Carl Icahn or Kirk Kerkorian jumps in and adds to the misery.

                                                  Yeah. It's that good. That giant buzzing sound you hear is the whirring of photocopiers in Redmond revving up and spitting out resumes. If this deal goes through people will be crawling over each other to get out of that place. You wonder why old-timers like Jeff Raikes and Charles Fitzgerald are bailing? Now we know. These guys are good soldiers who stuck it out through the DOJ nightmare and fought the good fight. But they're done. They're not hanging around for this mess.

                                                  Which brings me back to the three-legged racers in the 100-yard dash. Back when Microsoft was riding high I was talking to Ballmer at some conference -- I have no idea where or when, but I'm sure he remembers exactly which conference this was and what day of the week it was and the number of the hotel room he stayed in -- and on that day somebody had just announced some huge anti-Borg merger, and all the idiots in the press were saying this was going to kill Microsoft, and Ballmer was just laughing. Laughing. Laughing his ass off.

                                                  Ballmer said he loved when his rivals merged, because whenever the also-rans in any market start teaming up they might as well be waving a white flag. Because it's over. You've beaten them. You've driven them to despair. They haven't been able to beat you on their own; there's no way they'll do it together. Then he told me that line about the hundred-yard dash.

                                                  I'll never forget it. But I guess he has.
                                                  Adult Traffic for Sale

                                                  Comment

                                                  • D
                                                    Confirmed User
                                                    • Jan 2006
                                                    • 7412

                                                    #26
                                                    Originally posted by slavdogg
                                                    Monkey Boy's three-legged race


                                                    ...

                                                    I'll never forget it. But I guess he has.
                                                    Cute... but unless you're the blogger known as 'FakeSteve,' you might wanna credit your source and use quotes.

                                                    http://fakesteve.blogspot.com/2008/0...-of-ideas.html

                                                    Plagiarism sucks.
                                                    -D.
                                                    ICQ: 202-96-31

                                                    Comment

                                                    • Rochard
                                                      Jägermeister Test Pilot
                                                      • Dec 2001
                                                      • 75764

                                                      #27
                                                      Originally posted by aico
                                                      I also believe they are the creators of HD-DVD, I could be wrong though. I don't understand why they just don't focus on what they do best, buying up small software companies and putting it on the market.
                                                      M$ loves to dominate.... They don't play to win, they play to destroy anyone in their path.
                                                      Herschel Savage
                                                      Brooklyn, NY

                                                      Comment

                                                      • gideongallery
                                                        Confirmed User
                                                        • Aug 2003
                                                        • 7082

                                                        #28
                                                        Originally posted by slavdogg
                                                        Monkey Boy's three-legged race


                                                        The Borg-Yahoo merger won't work. Here's why. It's like taking the two guys who finished second and third in a 100-yard dash and tying their legs together and asking for a rematch, believing that now they'll run faster.

                                                        Here's the weird thing: I first heard that line about the 100-yard dash from Ballmer himself, maybe a decade ago.

                                                        See, the biggest mistake people make about Monkey Boy is thinking he's dumb. Trust me, he's not dumb. I've known him for years and he's really, really smart. Like scary smart, freako IQ, way high on standardized tests all his life. He remembers everyone he's ever met. He remembers every detail of every meeting and loves to freak out little junior Borgsters by recalling everything that happened at some random one-off from months or even years before. Total photographic memory.

                                                        The problem is not that he lacks IQ. Sure he's Rain Man when it comes to remembering things. The problem is he has no vision, and no imagination. He's all left brain. Hence this Yahoo offer. All he can see is that Google keeps beating the snot out of Microsoft and after all these years his coders still can't create a search engine that works as well as Google's and no matter what Microsoft does they can't catch up. He's tired of banging his head against the wall, so finally he just says, To hell with it, let's buy someone and see what happens. His board is just as tired and bereft of ideas so they say, Sure, whatever, go for it.

                                                        But here's the really dark part of all this. He knows it won't work. He has to know this. He's not stupid. The cultures will never fit together. And the deal is too big. It's not manageable. And it's completely anathema to Microsoft. It's totally out of character for them. It goes against everything the company has ever stood for. Ballmer knows this, and he's doing it anyway. Because this is exactly what every old-guard CEO does when all else fails. I mean it's right there in the official playbook that you get in business school. And ultimately, smart as he is, Ballmer is an old-school kind of guy. He's not really a tech guy. He has a mindset that was formed in Detroit, where he grew up. He's a Big Three automaker kind of guy. And this is a Big Three move. It's Ford buying Jaguar and Land Rover and Volvo because they can't think of anything else to do.

                                                        So if the deal happens -- and I'm not convinced it will -- Ballmer will have bought himself maybe two years before it becomes clear to the entire world that it has failed. By then maybe Ballmer will be gone and someone else will have to mop up the mess. Or maybe Ballmer will still be around, in which case maybe he'll do another deal and buy himself two more years or whatever. He'll figure that out when he gets there. All he knows is that right now he's got to do something. His stock has been underperforming the market for years. His shareholders are pissed. His board is grumbling.

                                                        But what, exactly, is the big vision here? I guess they'll talk about how phase one was the PC revolution and now we're entering phase two which is Internet computing and the cloud and they'll say that by joining together they'll become this giant powerful megacloud provider and the battle for utility computing is going to be all about scale. Oh, and synergy. Yeah. They'll talk a lot about synergy. You know, like when you hook together a bunch of data centers that run on completely different technology stacks.

                                                        Scariest to me is that in all the articles I've seen the one thing Ballmer keeps bringing up is how he'll be able to save $1 billion a year in costs. Are you kidding me? Is this Microsoft or Dunder Mifflin? I mean, I don't doubt he could save a billion a year. But it says a lot about the kind of company Microsoft has become that this is what they're thinking about.

                                                        According to our spies in Redmond the general consensus among the Borg rank-and-file is sheer and total dread. At best they see this as a giant pain in the ass, an enormous drain on resources, an unnecessary and pointless distraction with lots of nights and weekends spent slogging away on random useless bullshit and dealing will all sorts of annoying non-Microsoft people who don't understand how Microsoft does things but can't be blown off or pushed around like the "partners" the Borg is accustomed to dealing with.

                                                        Imagine a circus act in which two enormous, clumsy, awkward elephants that don't really like each other are supposed to mate while riding on skateboards. Now imagine that it is your job, you lucky bastard, to be one of the little circus clowns standing alongside trying to make this extremely unnatural and unholy act take place. Hundreds, maybe thousands, of people will have their lives completely ruined and flipped upside down for the next two years because of this deal. They'll see even less of their kids. And those ski weekends? Forget about it. Ain't gonna happen. Meanwhile Google will keep pulling away.

                                                        That's the good scenario. In the worst-case scenario the merger turns into a never-ending world of shit à la AOL and Time-Warner, and Microsoft ends up gutted and gasping and then they waste another few years debating whether they should break the two companies apart and if so how do they do that and then maybe some prick like Carl Icahn or Kirk Kerkorian jumps in and adds to the misery.

                                                        Yeah. It's that good. That giant buzzing sound you hear is the whirring of photocopiers in Redmond revving up and spitting out resumes. If this deal goes through people will be crawling over each other to get out of that place. You wonder why old-timers like Jeff Raikes and Charles Fitzgerald are bailing? Now we know. These guys are good soldiers who stuck it out through the DOJ nightmare and fought the good fight. But they're done. They're not hanging around for this mess.

                                                        Which brings me back to the three-legged racers in the 100-yard dash. Back when Microsoft was riding high I was talking to Ballmer at some conference -- I have no idea where or when, but I'm sure he remembers exactly which conference this was and what day of the week it was and the number of the hotel room he stayed in -- and on that day somebody had just announced some huge anti-Borg merger, and all the idiots in the press were saying this was going to kill Microsoft, and Ballmer was just laughing. Laughing. Laughing his ass off.

                                                        Ballmer said he loved when his rivals merged, because whenever the also-rans in any market start teaming up they might as well be waving a white flag. Because it's over. You've beaten them. You've driven them to despair. They haven't been able to beat you on their own; there's no way they'll do it together. Then he told me that line about the hundred-yard dash.

                                                        I'll never forget it. But I guess he has.
                                                        this post missed the point completely

                                                        microsoft is very good at making an api available for developers
                                                        the dominate the market not because their product is the best but because it is developed for by a large number of independent developers

                                                        Google is one of the first companies that does this as well as microsoft (by supporting open source) and they have a pretty good product too

                                                        on a technological basis yahoo has a lot of good technology, but DOES NOT work well with developers so the first thing you are going to see after this merger is the pushing out of developer api for all of yahoo's technology.

                                                        “When crimes occur through the mail, you don’t shut the post office down,” Steve Wozniak

                                                        Comment

                                                        • aico
                                                          Moo Moo Cow
                                                          • Mar 2004
                                                          • 14748

                                                          #29
                                                          Originally posted by Rochard
                                                          M$ loves to dominate.... They don't play to win, they play to destroy anyone in their path.
                                                          and yet they fail miserably at it.

                                                          Comment

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