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Microsoft “reserves the right” to Make a Hostile Bid for Yahoo



It seems Microsoft doesn’t plan on taking "no" for an answer. The company has responded to Yahoo’s rejection.

Here’s the response (emphasis added):

It is unfortunate that Yahoo! has not embraced our full and fair proposal to combine our companies. Based on conversations with stakeholders of both companies, we are confident that moving forward promptly to consummate a transaction is in the best interests of all parties.

We are offering shareholders superior value and the opportunity to participate in the upside of the combined company. The combination also offers an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market.

A Microsoft-Yahoo! combination will create a more effective company that would provide greater value and service to our customers. Furthermore, the combination will create a more competitive marketplace by establishing a compelling number two competitor for Internet search and online
advertising.

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.

Next up, MSFT plans to hit YHOO over the head with a big club, then drag her off by her hair.

  • http://www.thevanblog.com Steven Bradley

    Microsoft has been pretty clear they aren’t planning on taking no for an answer since this began. Is it Microsoft arrogance or will they eventually get their ‘yes’ one way or another?

  • http://www.techient.com Robert Rothardt

    I have difficulty believing this merger would be good for competition in the search engine marketplace. Reducing the number of players in the market does not in and of itself make things better. MSFT has sought to consolidate other markets in the past and has essentially monopolized some of those markets. That has not been all good for the markets they control.

  • http://frugalwench.com F.W.

    Microsoft seems to think it rules the world. Everytime Microsoft gets involved with a company, I stop using that company. My son says technology is satan’s way of destroying the world, and Microsoft is the anti-christ. Funny, but maybe too true.