Yahoo responds to Microsoft ultimatum: more money please

As expected, Yahoo has responded to Microsoft's 3 week ultimatum this morning. The bottom line is pretty clear in a letter signed by Jerry Yang (CEO) and Roy Bostock (chairman). In the "Dear Steve" response to Ballmer they state, "we will not allow you or anyone else to acquire the company for anything less than its full value." They go on to state that, "We consider your threat to commence an unsolicited offer and proxy contest to displace our independent Board members to be counterproductive and inconsistent with your stated objective of a friendly transaction." Make no mistake about it, this is corporate war and will likely end with Yahoo's best engineers working for Google.

[(Unverified) Posted Apr 7th 2008 1:08PM]

rooting for MS. I think at this pace, Google needs some competition. History repeats itself. Google is just a reenactment of Microsoft back in its early years, waging war against IBM and then winning. What happened when it won? Monopoly... Only competition for Google was Yahoo and AOl. both are pretty much dead. Microsoft is our only worthy hope left. I don't want to see a Google dominated world.

ps. I own a MS. Zune 4gb and love it. Software is better too than itunes. Hardware very reliable.

[(Unverified) Posted Apr 7th 2008 7:07PM]

We want more money, guy

[Method2Madness Posted Apr 7th 2008 9:06PM]

"Furthermore, as a result of the decrease in your own stock price, the value of your proposal today is significantly lower than it was when you made your initial proposal."

Ouch.

[eatmoreramen Posted Apr 7th 2008 11:59PM]

Poor Yahoo, I hope they hold out...

[(Unverified) Posted Apr 8th 2008 12:48AM]

I think Microsoft should acquire Yahoo, Yahoo its ok to give up sometimes, thats life. Wait! No I didn't mean it! Fight Yahoo FIGHT! The borg will not take over, you are human!, you are part of the resistance! Oh lonely night do not take thee into the darkth shadow!

[(Unverified) Posted Apr 8th 2008 2:03AM]

Yahoo垃圾。不和微软合作，等于自取灭亡。更不要说和Google竞争。看现在，Yahoo还有什么创新？根本没资格和Google竞争。

[iheartevo Posted Apr 9th 2008 3:57PM]

Yahoo: I reluctantly accept your proposal.
MS: Well everyone always does. Buy em out boys!
(Microsoft thugs destroy yahoo until there is nothing left, assuming that there was something there to begin with)
Yahoo: Hey whats going on!?!
MS: Oh, I didn't get rich by writing a lot of checks.

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