Microsofts Antwort auf Yahoos Ablehnung

Nachdem Yahoo! das Angebot zur Übernahme durch Microsoft abgelehnt hat, reagierte Microsoft mit folgender (interessanten) Pressemeldung:


Reiterates Full and Fair Proposal for Microsoft-Yahoo! Combination

REDMOND, Wash. — Feb. 11, 2008 — Microsoft Corp. (NASDAQ:MSFT) today

issued the following statement in response to the announcement by

Yahoo! Inc. (NASDAQ:YHOO) that its Board of Directors has rejected

Microsoft’s previously announced proposal to acquire Yahoo!:

It is unfortunate that Yahoo! has not embraced our full and fair

proposal to combine our companies. Based on conversations with

stakeholders of both companies, we are confident that moving forward

promptly to consummate a transaction is in the best interests of all


We are offering shareholders superior value and the opportunity to

participate in the upside of the combined company. The combination also

offers an increasingly exciting set of solutions for consumers,

publishers and advertisers while becoming better positioned to compete

in the online services market.

A Microsoft-Yahoo! combination will create a more effective company

that would provide greater value and service to our customers.

Furthermore, the combination will create a more competitive marketplace

by establishing a compelling number two competitor for Internet search

and online advertising.

The Yahoo! response does not change our belief in the strategic and

financial merits of our proposal. As we have said previously, Microsoft

reserves the right to pursue all necessary steps to ensure that

Yahoo!’s shareholders are provided with the opportunity to realize the

value inherent in our proposal.

On February 1, 2008, Microsoft announced a proposal to acquire all

the outstanding shares of Yahoo! common stock for per share

consideration of $31 representing a total equity value of approximately

$44.6 billion and a 62 percent premium above the closing price of

Yahoo! common stock based on the closing prices of the stocks of both

companies on Jan. 31, 2008, the last day of trading prior to

Microsoft’s announcement. Microsoft’s proposal would allow the Yahoo!

shareholders to elect to receive cash or a fixed number of shares of

Microsoft common stock, with the total consideration payable to Yahoo!

shareholders consisting of one-half cash and one-half Microsoft common


About Microsoft

Founded in 1975, Microsoft (NASDAQ: MSFT) is the worldwide leader in

software, services and solutions that help people and businesses

realize their full potential.

Es scheint als ob Microsoft wirklich an Yahoo! interessierter wäre als es zuerst (Werbung) schien. Trotzdem: Meiner Meinung hat Yahoo! vorerst richtig reagiert und das Angebot ausgeschlagen. Es stellt sich natürlich die Frage, bei welchem Preis Yahoo! nachgeben muss und ob Microsoft überhaupt gewillt ist das Angebot zu verbessern.

Ich jedenfalls würde mich über diesen Zusammenschluss nicht unbedingt freuen.