Microsoft Prepares for a Hostile Takeover of Yahoo!

As a response to Yahoo!’s rejection, Microsoft has issued a statement and it seems as if MS is planning to bypass Yahoo’s board decision and make a hostile bid. Here’s an excerpt from their response:

“The Yahoo! response does not change our belief in the strategic and financial merits of our proposal. As we have said previously, Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!’s shareholders are provided with the opportunity to realize the value inherent in our proposal”

Yahoo!’s board must be breaking their heads right now, trying to figure out a way to evade Microsoft. On the other hand, Microsoft finds Yahoo!’s juicy assets to be tempting, and they are willing to put all their efforts to grab Yahoo! They’ll possibly be slapped with antitrust issues from Department of Justice, which means they still have a long way to go before stealing Yahoo!

[Source: DailyTech]

This post was published by on February 12, 2008

About the Author: Thilak Rao works as a Social Media Expert. He is one of the first professional bloggers from India, and he loves to write, travel and click photos. Follow him on Twitter @thilak

  • http://ideasandgadgets.blogspot.com Mansi

    I don’t think this deal is a good idea for Microsoft; there are so many overlapping products/services that they’ll have to close down! plus, Google will never let this happen! I think MSN should try to do something innovative than try going after Yahoo!

    -Mansi
    http://ideasandgadets.blogspot.com

  • http://www.rapidsharetools.com RapidMaster

    MS should be stopped anyhow in favor of internet.

  • http://www.games2relax.com Flash Gamer

    Sounds like this is going to be a long and drawn out battle. Maybe Microsoft would be a threat to Google finally. Probably not.

  • http://green-flamingo.com Nathaniel

    I wasn’t sure if Microsoft would continue to pursue Yahoo!. I am a little suprised.

  • http://www.andydir.com Fahad

    It sounds like it’s sleeting, but every time I turn on the outside light & look, nothings happening.

  • http://www.evawhite.com Eva White

    This is getting interesting day by day. I did not think it would take that long for this deal to happen.

  • http://www.techtola.com Rajavanya

    I believe if google acquires yahoo. Yahoo’s existing services will become really cool due to google’s kind of AJAX based web design and integration with search

    I have a blog at http://www.techtola.com

    Please tell me what you feel

  • http://technodorm.com Fahad

    hey thilak. this “Fahad” guy above me is not me. Why is he using my name???

  • http://tech-buzz.net Thilak

    Fahad 2: He is using a different URL, so I guess both of you have a common name.

  • http://www.onlinestruggle.com Nathaniel

    Microsoft is always preparing hostile takeovers. It should be interesting too see what comes of this.

  • http://www.coolest-games.com Coolest games

    Why won’t Google counterbid for Yahoo isn’t google that much rich

    -Raj

  • http://www.topweightlosspillsreviewed.com Flash Gamer

    This will definitely be drawn out.

  • http://www.andydir.com/ Fahad

    It sounds like it's sleeting, but every time I turn on the outside light & look, nothings happening.