Microsoft withdraws its bid for Yahoo

Microsoft said Saturday that it was abandoning its blockbuster bid to acquire Yahoo after it raised its offer by $5 billion but Yahoo rejected it as still too low.

[Kathy]

Good they aren't taking over Yahoo. I am not impressed with Microsoft and to get service some people have to write to the CEO just to get the service they deserve.

[pieter stuyvesant]

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With all that money, its maby cheaper to created an new site,and to use somthing smarter, wy not pay for an new creation made in sillicone valey.

[Yahoo sucks]

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I'm amazed they were willing to pay 5 billion.

[Guess Who]

Maybe they need to put 5 mill in agriculture...

[Guess Who]

I haven't figured out how to digest a computer yet...

[Joe]

This may be another casino capitalist move to boost the market. Despite the withdrawal, the news did make Yahoo's stock price go up and someone must have profited.
Sad that nowadays people only subscribe to the kind of optimism in Friedman's The World is Flat while Stiglitz's advice in his Roaring 90's falls on deal ears.
The coming downturn would just be more destructive.

[Guess Who]

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How many computerized green houses could be utilized with 5 bill dollars since you can't beam food throught the computer....

[PSL]

Good for you Yahoo!!!!!!!!!!

[Uh Clem]

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Maybe Guess Jeans will buy them. They can rename themselves guesshoo.com

[mixed]

Good they would have made Yahoo! as tedious and front loaded as their ridged programs.

[mark longshore]

I would say the big losers are the shareholders. Mark Longshore. Yahoo's shareholders can not have any confidence in the management after this mess. mark longshore. Since the offer was 70% higher than january stock price mark longshore Where do they go now

[Cool B]

Microsoft wasn't offering 5 billion for yahoo, they were offering almost 50 billion. I hope Yahoo has a solid business plan.

[Zabel]

pieter stuyvesant wrote:

With all that money, its maby cheaper to created an new site,and to use somthing smarter, wy not pay for an new creation made in sillicone valey.

That's not Micro$oft's style. Most everything they have is as a result of buying someone out.

Even an idiot like Mark Longshore know that.

[Guess Who]

Who's keeping track of Monopolies?

[Guess Who]

How so you think all the american's have been undermined?

[Guess Who]

Then it get's privitized...

[Guess Who]

Anyone tried a house with glass blocks with a fish aquarium?

[John]

They added an extra 5 billion into the offer.

Back in the 90's, MCI was bought for around the same amount.. 40-50 billion I belive.. So over 10 years laters... Yahoo which is still considered the #1 site overall on the internet (Yes google does have yahoo beat in daily search volume) is gettng an offer for the same amount.

If I was Yahoo, I wouldn't take it either

[Horse shack]

I got a 'Yo' for sale, half price.

[matt]

Horse shack wrote:

I got a 'Yo' for sale, half price.

Lmao i like this guy.