I am sure you have read many articles that attempt to provide some type of insight into the Microsoft + Yahoo acquisition that is being played out almost daily. I am not stock guru nor do I have any type of insider knowledge about why Yahoo rejected Microsoft’s bid. But after reading some of the hype that others seem to generate, I find it hard to believe that it is all about money.
Yahoo is currently in a tail spin. I read that they have lost almost $20 billion in valuation during the past 4 or 5 quarters. That the Yahoo stock holders are an unhappy group demanding something be done about the slide. Yet it seems that nothing has been or can be done to stop the slide. Which would leave one to believe that there is a good chance that the value of the company could fall even lower. So why is Yahoo playing hard ball?
Some believe that Yahoo is looking for more money. Others that the stock holders will over ride the boards rejection of the offer and accept it. Than there is another opinion. That Yahoo doesn’t want Microsoft to have the company. Money aside, there is a certain amount of animosity against the Redmond giant. Could it be that Google is sitting in the wings providing some pins for the voodoo doll?
So what do you think? Is it money, animosity or something else that is driving Yahoo away?
[tags]microsoft, yahoo, money, animosity, reject, offer, board of directors, stock holders, accept, [/tags]