February 11, 2008

And Yahoo said no. For now ........

A few days ago, I commented on the takeover bid by Microsoft to Yahoo! , it appears that Microsoft has lost the first assault, since Yahoo! said no .

Among the reasons given by Yahoo! are that the offer of $ 31 per share is insufficient to cover the interests of its shareholders, as the article says, Microsoft may actually increase the price offered per share up to $ 40 approximately, and this first not, it may be a measure to pressure and try to increase that price.

Although personally, seeing the evolution of the shares of Yahoo! are not to rave about, but thanks to the announcement of the takeover bid as is customary in such cases have increased slightly.

Yahoo! also says that the offer of $ 31 per share takeover bid undervalues the overall value of the company, its approximately 500 million users worldwide and investments made to build a robust online advertising platform, just as not take into account the growth prospects of companies in which Yahoo! has a high percentage of participation.

So again, it appears that the ball goes to the roof from Microsoft that will act on the matter, but most likely, is that if you want the takeover to succeed, you must increase the price offered per share.

Would be right Dorian in a comment he left on the blog , and the next move is a ¿Yahoo! Partnership with Google ?.

Time will tell ............... (Views Here )

Be happy

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11 Comments

Blaxter February 11, 2008 at 23:18
They said no because they want more pasta, most likely due to mega rush about 50% of the shares when the offer came. The stupid and incompetent microsiervos say that the only actions "have rebounded a bit" does not mean they are not to "write home". In fact the OPA has given life to Yahoo! announced when after a few weeks ago, of layoffs black dye your landscape.
Augustine February 12, 2008 at 9:53
A qualification, Blaxter. When a company announces a tender offer for the price always goes up another company OPAda ... is simply because a takeover is always done with a significant premium (in this case very important) per share on its price at the time. That is, if for example a company trading at 10 and will make a bid for 20, it is normal that many people want to buy shares in that company, because the bid is accepted, will be worth much more. This excess demand point causes it to revalue the shares. The curious thing is that the more revalued, it means more 'credible' is the OPA: people are willing to pay more for an action that is not worth as much as there is greater certainty about revaluation.
On the other hand, Microsoft is not going to budge so fast: http://www.microsoft.com/presspass/press/2008/feb08/02-11msft-response.mspx
And have abundant means of pressure to force the board of Yahoo! ...
Dorian February 12, 2008 at 10:03
What I said in the other input was not a comment of mine, just an update.
But yes, I most likely, or prefer, some kind of agreement with Google that a sale to Microsoft, and one of the two will occur.
And to respond to a comment from Blaxter of the other input, and move the conversation here: you said that if Microsoft bought Yahoo withdraw what makes Yahoo Yahoo. If you have a business that gives money (for now), why undo it. The integration of services see it more positively (while not touching the user interface, users, us or bother us), could put together, for example, MS Live maps (which are quite well) with of Yahoo, or Hotmail cascarla be sent to the nose and transformed into a Yahoo mail (read all the bad change Hotmail, which is a lot).
Puto February 12, 2008 at 13:12
I used mail had "lettera.net", until one day Microsoft will buy, the hill and put up a sign in: register at hotmail.
Ruben February 12, 2008 at 13:55
@ Dorian: You're right, perhaps expressing the wrong phrase, but wanted to say you left a link, you said it does not expressly .
@ Puto: A clear example of what they fear, fear the Yahoo! service users, especially Flickr (Virgin I leave it as is),
@ Agustin: Fully Indeed, and thanks for the link to add that he would write today's post, lol, me you anticipated it, .
@ Blaxter: It is that Yahoo! is not anything to write, not because I have said in microsiervos, in fact it says, let alone put it out there because,:-p, but because it is evident that the general trend in IPOs, as Augustine says well, look at Endesa's fate. And give them a share that money is not worth it and that is why PAUL personal crisis that was happening before the takeover Yahoo for example. But hey, what if that is clear is that they seem to want to get a higher price per share, it is almost indisputable.
Dorian February 12, 2008 at 14:35
If Microsoft does in Letter to the users of Yahoo, Ballmer cane him down the street teeming masses angry.
I do not know is how you did not do it You fucking when you left without mail.
manolito February 12, 2008 at 15:05
FUCK YOU SOPOR
Blaxter February 12, 2008 at 17:28
@ Ruben, @ Augustine, For the last OPA was famous in Spain (Endesa? Not remember), I remember that stocks fell, to be honest with you, Ruben, I talk about why noses down if theoretically should rise.
@ Dorian, Microsoft obviously not leave the interfaces as they are, if you leave as is, would not buy a company. They charged him and he does not like conflict with what you already have (eg yahoo mail) and do not be modified (eg, flickr and delicious). That from the user point of view is bad, because Microsoft is not to be famous for its great strengths in web development (compare services .)
Looking at it from the point of view of software development and free software, it gets worse too. YUI (to take a familiar example) one of the most used javascript apis powerful disappear, that's for sure. Why?, Is a technology that Microsoft will use so you do not add anything to offer and keep it as free software. Aside that will shatter and attempts to migrate all their systems. Net in my opinion, are a fucking bitch, market and give a bad technology development and Microsoft, is not very positive.
Ruben February 12, 2008 at 17:35
@ Blaxter: Pardon?, Did I say that?, Would say no. Or if so do not remember. A simple search on Google:
The Italian public company Enel and Acciona have expected on Wednesday to submit its bid for Endesa to 41.3 euros per share. Indeed, this announcement triggered the first Spanish power in the stock market 0.62 percent and its shares have closed the session at 40.5 euros. Since Gas Natural launched its IPO, the company has tripled in value Pizarro.
Source: http://www.libertaddigital.com/index.php?action=desanoti&cpn=1276303192
Dorian February 12, 2008 at 17:50
@ Blaxter, that will load Yahoo Mail me look like a big mistake and very clear, that is why I can not believe it. You say you will be charged all because MS has no idea of web services, but it would be logical to think that you want to make the purchase to improve in this area? Although I have quite jodería flickr full of banners.
With YUI probably have reason, or will be worse and a library MSYUI born with features that apply only to explorer and darkening again at the age of vbscript.
What the. Net, well, a review of these extreme you have the death-to-MS
Blaxter February 12, 2008 at 23:46
@ Dorian, Microsoft has hotmail (which incidentally is not theirs, bought it once) if you buy yahoo, can only be a courier service. With everything we've been changing it, other than it is already. Net, it is obvious that yahoo mail will go to ruin.
Regards. Net is not an opinion extremist think reasonably. Net is not a good platform and even less for web development, it has nothing to do with microsoft, when I talk about. Net'm also encompassing monkey is free, and unrelated. Among the reasons, it is no place to dwell, but to say a novel, I refer to the news of the creation of dynamic languages within the platform, compare. Net vs java. jruby gaining popularity and support from sun, while the version of Ruby for. net was announced a week ago dead by their creator. arrr sailor. (Ps: I am not defending java, java sucks)