4 ms·

Yahoo! formally rejected the offer in February. What more response is necessary?

• tom_rath 19y ago
  Either 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 ago
    I 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.