Forums | MacLife

Not only true, it was out yesterday.

Microsoft Proposes Acquisition of Yahoo! for $31 per Share
Transaction valued at approximately $44.6 billion in cash and stock; provides 62 percent premium to current trading price for Yahoo! shareholders; combined entity to create a more competitive company, providing superior value to shareholders, better choice and innovation for customers and partners
Related Links
Media Alert:
• Press Conference Call to Discuss Microsoft Proposal to Acquire Yahoo! Inc. – Feb. 1, 2008

REDMOND, Wash. — Feb. 1, 2008 — Microsoft Corp. (NASDAQ:MSFT) today announced that it has made a proposal to the Yahoo! Inc. (NASDAQ:YHOO) Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. Microsoft’s proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer represents a 62 percent premium above the closing price of Yahoo! common stock on Jan. 31, 2008.

“We have great respect for Yahoo!, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market,” said Steve Ballmer, chief executive officer of Microsoft. “We believe our combination will deliver superior value to our respective shareholders and better choice and innovation to our customers and industry partners.”
...

Below is the text of the letter that Microsoft sent to Yahoo!’s Board of Directors:

January 31, 2008

Board of Directors
Yahoo! Inc.
701 First Avenue
Sunnyvale, CA 94089
Attention: Roy Bostock, Chairman
Attention: Jerry Yang, Chief Executive Officer

Dear Members of the Board:
[etc]

http://www.microsoft.com/presspass/pres … ewsPR.mspx

Well, if it does happen, it should take care of that little issue with quality Yahoo! was having.

yahoo's spam filtering is a joke, and they don't like safari, so I was already in the process of switching my email over to google, this is just going to speed things up.

ScifiterX wrote:

Well, if it does happen, it should take care of that little issue with quality Yahoo! was having.

I'm uninformed on all things Yahoo.  So now I'm confused, will it get better if purchased, or will we now see Yahoo screens of death?

To me it would be the worst thing ever, M$ has never run a tight ship and they would ruin Yahoo.

I will have to change who my web site provider is as I would not allow M$ to have it.

jetson wrote:

ScifiterX wrote:

Well, if it does happen, it should take care of that little issue with quality Yahoo! was having.

I'm uninformed on all things Yahoo.  So now I'm confused, will it get better if purchased, or will we now see Yahoo screens of death?

Joke

The point being MS would axe any aspect of quality Yahoo has left before too very long.

Tallgeese wrote:

Donkey Butter wrote:

yahoo's spam filtering is a joke, and they don't like safari, so I was already in the process of switching my email over to google, this is just going to speed things up.

I've never gotten a single piece of spam for the Yahoo! address which I only give to people I know and I rarely get it for the Yahoo! address which I use for all my online commerce.

Contrast this to years ago when I had a Hotmail account and within a week of Microsoft's acquisition, I could no longer send or receive mail because my inbox was completely filled with spam.

I agree. My Yahoo address is my default email for the same reason. Hopefully I will be able to continue with it at the same level of quality.

On the other hand, before Winamp and iTunes, I used MusicMatch Jukebox 7 and 7.5. From what I can tell the software went downhill after that. I don't even know if the latest version has the line in recording option any more. I think it's time for someone to toss that thing in the dumper.

Last edited by TB (2008-02-01 2:18 pm)

I have no problem with spam on my Yahoo account, I go in occasionally and empty out the spam folder but it never arrives in my inbox.

Yahoo owns Flickr and Yahoo Answers, two sites I use frequently.

Balmer is the problem.  Everything he touches turns into pure crap.  I have no evidence to back that up, but who cares.

matt wrote:

Yahoo owns Flickr and Yahoo Answers, two sites I use frequently.

::switches to MediaFire::