4 ms·
Somehow, I enjoyed his few 'jabs' towards Steve, especially the one about how Yahoo! has been uncooperative in negotiations: "Moreover, Steve, you personally a
by PieSquared 19y ago
Somehow, I enjoyed his few 'jabs' towards Steve, especially the one about how Yahoo! has been uncooperative in negotiations:
"Moreover, Steve, you personally attended two of these meetings and could have advanced discussions in any way you saw fit. "
- tom_rath 19y agoWhy would 'Steve' be the one to advance discussions? Microsoft has put forward their offer and is awaiting a response. It's not as though Yahoo has forgotten about it -- the next move is theirs to make.
- 0x44 19y agoYahoo! formally rejected the offer in February. What more response is necessary?
- tom_rath 19y agoEither identifying an alternative option to their shareholders or responding to Microsoft with the price Yahoo thinks would be reasonable. Microsoft has basically said "Hey, guys. We made an offer that's more than a 60% premium over your share price. If you won't accept that (or even let us know what price you will accept) we'll take this right to your shareholders and do this the hostile way at a price that's lower than our current offer." The ball's in Yahoo's court on this one.
- 0x44 19y agoI disagree. Microsoft presented an offer, Yahoo! rejected it outright. After being rebuffed, it is incumbent upon Microsoft to either inquire about more amenable terms (to Yahoo!), or to withdraw their pretense of negotiation and go to the shareholders.