Yahoo's earnings beat expectations - where does this leave Microsoft?
Think they'll increase their bid?
Answers
318 points
TBone answered one year ago …
Well, Ballmer says he's not going to raise the bid, but we'll have to see. If Yahoo! shareholders use this news as a reason to push for staying independent, then Ballmer and Microsoft might have a serious proxy fight on their hands. The real question, at least in my mind, is if MSFT can't get its hands on Yahoo!, then who's the next likely candidate?
Microsoft obviously needs to buy its way into this space, is there another company with a similar scale and reach?
Actually I think I'll go ask this question now :)
260 points
Hillcat88 answered one year ago …
There is no way YHOO shareholders want to use this to stay independent Where is the great future and where is the undervalue as proclaimed by Jerry Yang? All that is need for Ballmer to do is to raise the bid by a buck or two and YHOO shareholders would cry out loud to their board and YHOO would go immediately.
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951 points
Grudun answered one year ago …
I think this gives Jerry Yang some time. If Yahoo! is going to stay independent it is going to have to create a strategic partnership. There are 2 of those on the table right now: Google and AOL. AOL would be 2 sinking ships going down together but if Yahoo! can fill its unsold ad space with Google ads it would give it a significant revenue jump in the following quarter.
This leaves Microsoft in a possition where there is enough hope to hold off a hostile bid ... for now, unless something significantly changes(the bid or Yahoo!'s expected results).
