The situation becomes clear! Yahoo discusses Microsoft's acquisition offer.

by david55 on 2008-04-14 20:35:41

The largest Internet acquisition in history so far, Microsoft's negotiations to purchase Yahoo have lasted for more than two months without a conclusion. Not long ago, it was rumored that Microsoft is negotiating with News Corporation regarding jointly purchasing Yahoo, while Yahoo is about to reach an agreement with AOL under Time Warner to merge both parties' Internet businesses and block Microsoft's acquisition attempt, making this acquisition case even more confusing.

Click to enter the latest report on Microsoft's acquisition of Yahoo.

On April 11, the Yahoo board held a meeting to discuss whether to accept Microsoft's $44.6 billion acquisition offer and decided to authorize management to continue deeper contact with Microsoft and AOL.

On April 6, Microsoft CEO Ballmer issued an "ultimatum" to the Yahoo board, requiring the Yahoo board to accept Microsoft's acquisition offer within the next three weeks, otherwise they would directly propose an acquisition request to Yahoo shareholders and unilaterally propose a list of members entering the Yahoo board.

There are also reports that Microsoft has always hoped to maintain the original transaction price, which is to acquire Yahoo in cash and stock at $31 per share, and emphasized that the acquisition offer submitted to Yahoo is fair and reasonable, but cannot rule out the possibility of acquiring through joint ventures with other companies.

Although there is currently no clear result from the Yahoo board's meeting to discuss Microsoft's acquisition offer, it means that this acquisition is gradually becoming clearer. It will soon be revealed whether Yahoo will accept Microsoft's acquisition or another acquisition plan.