US Pension Plans Sue Yahoo! for Rejecting Microsoft's Offer

[Rob Williams]

From our front-page news:

I think it goes without saying that Yahoo! is in a rough spot. They have been sinking at a rapid rate for the past few months, despite still being a major stature in the online world. Recent layoffs shed some of the excess weight, but there is a lot more the company has to do to regain it's place as a profitable company... something you'd imagine would be easy to do given their sheer size.

As it turns out, rejecting Microsoft's offer for buy-out was one of the stupidest things Yahoo! could do. Yahoo!'s future is not looking incredible, so to reject the only real acquisition attempt is foolish, despite it not being that much more than their current stock worth. Yahoo!'s stock hasn't changed much in the past few weeks, but unless they have better plans, it probably won't be going higher. I think the big question is how long Microsoft will continue to toy around with the company, because if Yahoo! remains defiant, Microsoft's pocketbook will continue to be hit hard.

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According to the lawsuit, Yahoo's board is pursuing "value-destructive" third-party deals in an effort to fight off Redmond, Washington-based Microsoft, which on Feb. 1 announced a takeover bid of $31 per share in cash and stock, a 62 percent premium over Yahoo's previous day's closing price.

Source: AOL Australia
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[MacMan]

Yahoo should be bought, but I'm not sure if it should be by Microsoft. Microsoft has a talent for screwing up everything, well, most everything, that they put their hands on! Google is too powerful, someone has to buy Yahoo and give it some serious competition. Apple was rumored to be interested, but then again, I don't think so - there is enough rumors swirling around that Apple may go after and buy Sony. Then again, rumors were that it was going to buy AMD and Nintendo too!

I don't care who buys Yahoo, as long as someone buys it and turns it around. I hate to see it close shop. Maybe Mr. Rupert Murdoch? He was also rumored to be interested in Yahoo, but please... not Microsoft! Microsoft would only screw it up; however, if they can turn it around and give Google some anxious and sleepless nights then I'm all for it.

May the best suitor win - plain and simple!

 

[Greg King]

Yahoo should be bought, but I'm not sure if it should be by Microsoft. Microsoft has a talent for screwing up everything, well, most everything, that they put their hands on! Google is too powerful, someone has to buy Yahoo and give it some serious competition. Apple was rumored to be interested, but then again, I don't think so - there is enough rumors swirling around that Apple may go after and buy Sony. Then again, rumors were that it was going to buy AMD and Nintendo too!

I don't care who buys Yahoo, as long as someone buys it and turns it around. I hate to see it close shop. Maybe Mr. Rupert Murdoch? He was also rumored to be interested in Yahoo, but please... not Microsoft! Microsoft would only screw it up; however, if they can turn it around and give Google some anxious and sleepless nights then I'm all for it.

May the best suitor win - plain and simple!

Apple buying Sony? I think Sony has enough assholes there already, they don't need an influx of Apple's. That and if Apple acquired Yahoo, Jobs might proclaim himself king of the universe.

 

[Rob Williams]

I don't care who purchases Yahoo! to be honest, but I'd MUCH rather it be Microsoft than Google. I am quite certain Microsoft would not be willing to part with $40,000,000,000 to go and screw up a company. That's far too big of an investment.

 

[Greg King]

I don't think Google could get away with such a purchase. They are far to dominate of a search company for the government to allow that whereas Microsoft, while dominate in the PC world, isn't as much the 800 pound gorilla in the room as Google is and could get away with the Yahoo purchase.