Microsoft is still willing to acquire Yahoo!

Microsoft tried their very best to acquire Yahoo! since January 31st, 2008. Finally, they backed off because Yahoo’s current board was not happy with the offer. In a fresh press release, Microsoft has announced that they are interested in reinitiating talks with Yahoo, "if" a new board is elected.

This announcement came as a response to Investor Carl Icahn’s letter to Yahoo! shareholders, in which he speaks about the talks he had with Microsoft, and why Microsoft withdrew their offer. He wrote:

"Microsoft would be guaranteeing a great deal of capital at closing. However, a transaction could take at least nine months, and perhaps longer, to obtain regulatory clearance in the U.S., Europe, and elsewhere.

During that period, if the current board and management team of Yahoo mismanage the company (and their recent track record is far from reassuring), Microsoft would be putting its money at risk, and a great deal could be lost"

Yahoo’s annual shareholders meeting will be held on August 1st. If a new board gets elected, something is definitely going to happen. It maybe a full or a partial acquisition, but it’s likely to happen! Let’s keep our fingers crossed until then.

This post was published by on July 7, 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://www.networkingblogger.com Gadgets

    I think after the retirement of bill gates, the new CEO will be doing new changes to make his name.

    All game in the name :D

  • http://www.gravityblue.com/ Gravity

    hmm… Microsoft will take over Yahoo sooner or later…

  • http://www.netage.co.za Marketing

    This type of acquisition takes time to achieve and as bloggers we sometimes get frustrated when we are continuously hearing that it “is on” and “then off”.

    I do however wish for competition to Google.

  • http://technodorm.com Fahad

    Interesting………
    lets see what happens. Although, why isn’t Google trying to acquire Yahoo?

  • http://green-flamingo.com Nathaniel

    I can’t believe MS is still going after Yahoo!, it is about time they succeed though.

  • http://www.seoresults.co.za SEO Man

    Lets face it, Yahoo’s share price has plummeted since the rejection of the Microsoft offer, and it would definitely be a bargain now, compared to what Microsoft was prepared to pay.

    Maybe this is exactly what Microsoft’s Plan B was! Let the stock value drop & then snap up Yahoo at a bargain basement price.

  • http://www.greatpriceshere.com Nicole Price

    I have consistently maintained that MS withdrew for tactical reasons and that sooner than later, the merger will take place. Yahoo is too vulnerable and MS is sitting on a massive war chest. Yahoo’s share holders would want the merger to take place and with exodus a perennial problem, Yahoo may just bite the bullet soon.

  • Nephilim

    Actually this is about the utorrent, not the microsoft or yahoo. There is an triangular icon down below the utorrent, which should be actually green, but mine is orange and when you hover over this orange triangle it reads:
    “No incoming connections
    Unless the icon turns green, it could indicate a preblem with your network configuration.”

    My speeds are very slow and this problem happened out of the blue.
    The problem is that most of my downloads are inactive, however, for some reason a few of the downloads are active. All of the leechers and seeders are shown for all torrents, but only the few active torrents are connected to a single seeder, and maybe a couple of leechers. At the moment my speeds are 2.5kbps instead of about 80. I am on a wireless router, however i tried a land connection on a different isp and the same thing happens. I also have the latest u-torrent version, and i have tried changing ports and ensured u-torrent is in the firewall exceptions.

    I would greatly appreciate any help given. Im sure the answer is simple so please let me know if you have any recommendations,

    Thanks very much.

  • http://www.gadgets4nowt.co.uk Wii

    These things take so so long, presumably there is a lot going on behind the scenes? Keeps them both in the media spotlight too!

  • http://bestyogaworkout.com Yoga Man

    I don’t think Microsoft will ever acquire Yahoo.

  • http://www.evahwhite.com Eva White

    Will Ms never give up its yahoo dream? Tell them to get a life and new products that actually work rather than eating up successful ones.

  • http://green-flamingo.com Nathaniel

    @Nephilim – aren’t you posting in the wrong post dude!?

  • http://lovermus.com paulette

    Who wouldnt wanted to own yahoo? It is the most extensively viewed website.

  • http://blog.800hightech.com 800HighTech

    If Microsoft wants to stay in the rat race, they’ll have to do more than paid subscriptions, buying Yahoo is certainly a step in the right direction.