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By rick
via theregister.co.uk
Published: Jun 04 2008 / 08:15

Yahoo! did its best to stymie a takeover by Microsoft, even when it offered $40 a share, because chief executive Jerry Yang let his heart rule his head.
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User 285418 avatar

Motion Control replied ago:

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Well done, Yahoo!

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rick replied ago:

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I guess they were holding out for $37 per share!

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dstrawsb replied ago:

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I think Yang let his head rule his heart, not the other way around, there is a documented history of Microsoft stealing technology. Yang knows what Microsoft would do to Yahoo, would it have been better for the shareholders, probably, but if they truly believe in the growth potential of Microsoft, buy some MSFT stock, it's priced about the same as YHOO.

Microsoft is hurting, they are failing from grace, and they are disparately searching for some company to enable them to compete with Google, and IBM, Sun, Mozilla, etc. I have a idea, Innovation, Microsoft needs to build better products. But this isn't Microsoft's forte, they don't create they buy or steal, dress it up and sell it like crazy, they are the world's best marketing machine.

So bravo to Yang, well done, fight the good fight.


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vidalsasoon replied ago:

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Yahoo only had eyeballs to offer. Nothing else.

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