Microsoft and Yahoo problem

[TAREK®]

مايكروسوفت تحدد مهلة لياهو وتهدد بخفض عرضها

حددت شركة مايكروسوفت الأميركية لبرامج الكمبيوتر وأنظمة التشغيل السبت مهلة ثلاثة أسابيع لإدارة مؤسسة ياهو للإنترنت للتوصل إلى اتفاق اندماج مهددة بالتعامل مباشرة مع مساهمي محرك البحث العملاق وتخفيض عرضها. وصرحت مايكروسوفت مهددة ياهو بعرض معاد إذا تعذر عقد اتفاق في الأسابيع الثلاثة المقبلة مشيرة إلى أنها ستضطر إلى التعامل مباشرة مع مساهمي المؤسسة.

وحذرت مايكروسوفت مديري ياهو من أن هذه المبادرة ستؤدي إلى عواقب غير مرغوبة على قيمة أسهم ياهو مما سينعكس على مقومات العرض الذي قدمته مايكروسوفت بعد مراجعته.

وتندر العروض المعادية في أوساط التكنولوجيات المتطورة حيث غالبا ما تعتمد قيمة الشركة على قيمة مجموعاتها.
وقد يؤدي عرض معاد إلى فقدان الموظفين ذوي الكفاءة العالية الذين غالبا ما يتعذر استبدالهم الأمر الذي تود مايكروسوفت تجنبه.

وأشارت مايكروسوفت إلى أن أحد الخيارات المتاحة هو في الدفع إلى انتخاب مسؤولين مؤيدين لقضيته في مجلس إدارة"ياهو" في أثناء الجمعية العامة المقبلة لمساهمي المجموعة.

وشدد المدير العام لمايكروسوفت ستيف بالمر في رسالة مفتوحة إلى إدارة "ياهو" على أن أي تطور لم يحدث منذ الأول من فبراير/شباط تاريخ إعلان اهتمام شركته بالاندماج مع المجموعة.
واقترحت مايكروسوفت شراء "ياهو" في عملية تسدد بالسيولة والأسهم مقيمة هدفها بـ42 مليار دولار.

وشكل هذا السعر بالنسبة إلى مساهمي "ياهو" ربحا بنسبة 62 بالمائة مقارنة بسعر الإغلاق الذي أحرزته مجموعتهم في المساء السابق.

غير أن إدارة"ياهو" رفضت العرض معتبرة أنه لا يعكس بما فيه الكفاية قدرة المجموعة على التطور

Tayyar.org.

[MARX ®]

mbayyin ino l microsoft sadda2o 7alon, and yahoo has the total right to be independent

[xcoder]

This has been always microsoft way with other companies, it ate hundreds if not thousands of companies using this way especially in 2001 when microsoft was accused by leaving no space for competition and destroying all attempts of any other company.
Microsoft is afraid of google, its trying its best to stop google in anyway.

[Jean]

well, MS destroyed netscape , it won't be hard to destroy yahoo if the latter doesn't join MS

[MARX ®]

But thats not fair ya3ne, ino its like electronic imperialism

[TAREK®]

SAN FRANCISCO (AFP) - Microsoft's chief executive told employees he will not pay "a dime above" what he thinks Yahoo is worth and they will know the next move in the takeover quest "in very short order."
Steve Ballmer's comments Thursday on Microsoft's still-unresolved 44.6-billion-dollar bid for Yahoo came during a "town hall" meeting at the world's largest software company.
"I know exactly what I think Yahoo is worth and I won't go a dime above," Ballmer said during the in-house exchange with employees posted on the Internet.
Analysts and others have spent the week eagerly awaiting Microsoft's next move in a saga that began when Microsoft made the unsolicited offer for Yahoo on February 1.
Microsoft gave Yahoo until April 26 to accept the offer but the California Internet pioneer let the deadline pass without response.
"We've got basically the three big options in front of us," Ballmer told the internal forum.
"There's the friendly deal, there's an unfriendly deal, and the third path is simply to walk away. We ought to announce something in very short order."
A source close to Yahoo told AFP the firm is awaiting Microsoft's move.
"We are all staying tuned," the source told AFP. "It is pretty clear they will have to raise their offer. Clearly, they need the company."
Citing knowledgeable sources, The Wall Street Journal reported Wednesday that Microsoft's board had "indicated a willingness" to increase its initial 31-dollar-per-share offer to 33 dollars.
That might not be enough to consummate the deal, said Canaccord Adams analyst Colin Gillis.
"Yahoo has said they are open to any deal with anyone, even Microsoft, at the right price," Gillis said. "From a shareholder angle the 35-dollar price target seems to be the number."
A meeting of Microsoft's board on Wednesday reportedly ended with directors divided regarding Yahoo.
"The prevailing thought is the board has given Ballmer some leeway to make the deal and doesn't want to do a hostile takeover," Silicon Valley analyst Rob Enderle told AFP.
"I have a hard time thinking Microsoft can put this together. Yahoo's expectations are still unreasonable and I don't think Microsoft has the resources to make it work."
Every dollar added to the per-share bid bumps the price of buying Yahoo by slightly more than a billion dollars. Yahoo's board has said it believes the firm is worth 40 dollars per share.
Ballmer told employees that Microsoft is "100 percent determined" to wrest Internet market share from search and advertising king Google.
"The world hopes that there's a very strong company that's not the number one guy," Ballmer said. "We're going to work that strategy with Yahoo or without Yahoo. Yahoo's not a strategy; it's a part of a strategy."
Microsoft is eager to merge online resources with Yahoo to take on Google, which dominates the lucrative Internet search advertising that is expected to grow to 80 billion dollars annually worldwide in the next two years.
Bluster and posturing played out in public emails, letters and statements as opposed to direct negations between the two companies has bloggers referring to the takeover wrangling as "amateur hour."
Ironically, Microsoft buying Yahoo could bring more troubles for Ballmer, according to Jay Bhatti, who worked for the software giant until leaving to start new Internet search engine Spock.com.
Most of the Spock engineers are former Yahoo employees, Bhatti said.
Ballmer must know from the paltry market share of Microsoft's online search service MSN that the team at Yahoo is better at the task, Bhatti said.
"Ballmer feels that to win on the Internet, which is the future, he has to buy Yahoo," Bhatti said. "The only way it would work is if Ballmer takes the MSN assets, gives them to Yahoo and tells them 'have at it -- beat Google.'"

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