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They should be really having a change of company name to Micro-Hard i should say. The bozos at Microsoft are using such a hard stance to acquire Yahoo!, it is simply quite frightening. Frightening to an extent, it is hilariously weird and absolutely eye opening to the other extent that high flying conglomerates of such stature, would actually behave in such a manner to deal negotiations of such nature!

Ladies and Gents, welcome to another post with the Making Money Online blog at Blog Miracle Dot Com. It has been rather an interesting episode with the way that this whole episode has unfolded with Microsoft trying to acquire Yahoo!. I mean let us face it guys, 2 of the biggest web based companies, are trying to merge as a single entity in an effort to break the supreme monopoly enjoyed by Google at the moment.

What is even more funny is the fact that the idiots or whatever you call them who are managing this at the headquarters of Yahoo! and Microsoft, are completely screwing this up. It is becoming more funnier than the last episode of The Sopranos or Californication i should say, for it is rather amusing that i have seen such a debacle happening with a high level M&A like this. When is the last time that you had ever heard of such an interesting unfold of events?

Oh, you didn’t know? Well, let me have the pleasure of sharing with you what has unfolded, at least the major events pertaining to this attempted acquisition;

Feb 1st - Microsoft makes an unsolicited bid to acquire Yahoo! for $50BN US.

Till Feb 20th - Yahoo! doesn’t even reply back to Microsoft formally on whether they are taking up the offer or not.

March - I don’t know the exact date - Some smart exec from Microsoft sends a email to all his staff on how they should get together and get ready for this new “era” when both the giants combine.

April - Yahoo! blames microsoft that their talks got stalled.

Microsoft writes to Yahoo that they are seriously jeopardizing their chances of getting a good offer and gives them a 3 week deadline to reply back to, otherwise they will write to their shareholders directly. Check this out for a acquisition negotiation;

“We believe now is the time for our respective companies to authorize teams to sit down and negotiate a definitive agreement. If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors for the Yahoo board”

And, Yahoo! would rather give a hoot about this and feels that their shares are valued at about $40 per share which is much higher than the current $31 per share value, according to Microsoft’s latest offer. Yahoo!’s shares currently trade at  $27.88 tumbling about 1.69% after hearing this message and this whole drama behind it.

However, their cool and suave reply to Microsoft is, which i admire them for, goes like this;
“We are open to all alternatives that maximize stockholder value. To be clear, this includes a transaction with Microsoft if it represents a price that fully recognizes the value of Yahoo on a standalone basis. We are steadfast in our commitment to choosing a path that maximizes stockholder value and we will not allow you or anyone else to acquire the company for anything less than its full value.”

Wooohooo, game on boys! Lets see where this interesting entertainment takes us to.

Take Care & God Bless,
Seeni

Btw. for those speculating, Yahoo’s shares tumbled 1.69% to $27.88. Whereas Microsoft’s shares continued a steady climb of 0.96% to $29.44 in the early hours of trading on Monday morning.

Oh, btw i just realized i don’t have a category grouping for Microsoft. Well for this fun of an event, you guys sure deserve 1.