Yahoo spurns Microsoft again as bad blood boils

By MICHAEL LIEDTKE , AP Business Writer, Technology / Internet

In this May 4, 2007 file photo, a Times Square news ticker flashes a headline about Microsoft above a billboard for Yahoo in New York. Yahoo Inc. late Saturday rejected Microsoft's latest attempt to buy its online search operations in a "take or leave it" proposal that Yahoo said would have dismantled its Internet franchise. (AP Photo/Mark Lennihan)

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(AP) -- Yahoo Inc. has rejected Microsoft's latest attempt to buy its online search operations in a "take or leave it" proposal that Yahoo said would have dismantled its Internet franchise.

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Posted by jumpydodrop 07/13/08 09:44

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boy it sure seems liek Yahoo has developed a big head lately doesnt it.

JT
www.Ultimate-Anonymity.com

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Posted by xen_uno 07/13/08 12:54

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I give them a big thumbs up for resisting MS.

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Posted by JerryPark 07/13/08 15:02

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Microsoft has always had to buy technology. The companies they buy technology from generally go out of business.

This seems to have gone from a hostile takeover attempt to a vendetta. Otherwise, why the partnership with Icahn?

Hope Yahoo continues to resist Microsoft's attempt to put them out of business.

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Posted by thku4grace 07/13/08 16:04

Rank: 3.5/5 after 2 votes

It seems to me Balmer overbid at $33 for a company that like Microsoft has been losing market share to Google. Yahoo clearly doesn't deserve much premium at all. I think Gates pulled back the reins on Balmer fortunately. Jerry was too ignorant to realize it was a gift horse. This is the mistake of putting the founder in as
CEO. Its like a father being asked to marry off his 9 year old daughter, not a chance.(except in Muslim countries of course). However as CEO he needs to realize that he has a fiduciary duty to all shareholders and put them ahead of his own desires for his baby. Regardless, Micorosft has come to their senses and no deal will happen as long as Jerry is at the helm. Two years and Yahoo won't be trading on the market at all.