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Offthepost (Generation II)
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Jyrki21
Rebel Sell + Moneyball = Life
Joined: 18 Oct 2007
Posts: 1848
Location: Ottawa, ON
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Grgecko
Drunken Lout
Joined: 19 Oct 2007
Posts: 112
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 Posted: Tue Feb 12, 2008 3:05 am Post subject: |
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Rejected!
But according to the MS website, there may be plans to upgrade "friendly offer" to "hostile takeover" 
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| 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. |
http://www.microsoft.com/presspass/press/2008/feb08/02-11msft-response.mspx
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(Working in a Call Centre) + (Being a Leafs Fan) = (One HUGE glutton for punishment)
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Jyrki21
Rebel Sell + Moneyball = Life
Joined: 18 Oct 2007
Posts: 1848
Location: Ottawa, ON
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| Posted: Tue Feb 12, 2008 8:50 am Post subject: |
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It was already semi-hostile to begin with, of course, since it was unsolicited and, apparently, not good enough.
I should probably shut up now, though, because my firm is representing Yahoo!...! (Which was not yet the case when I started the thread).
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MrBumpnGrind
Illegitimate Luongo Child
Joined: 18 Oct 2007
Posts: 295
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| Posted: Tue Feb 12, 2008 8:22 pm Post subject: |
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| this may go the way of indigos takeover of chapters, except a few billion times bigger!! |
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skinnem
Poster Girl for OTP
Joined: 19 Oct 2007
Posts: 258
Location: Toronto
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| Posted: Wed Feb 13, 2008 1:32 pm Post subject: |
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| MrBumpnGrind wrote: |
| this may go the way of indigos takeover of chapters, except a few billion times bigger!! |
That's what I was thinking too!
I had been working at Chapters head office for 4 years prior to the VERY hostile takeover by Indigo. Thankfully I got into the goverment 2 months before the whole thing went down. Everyone who I worked with was fired within the first week. It was ugly.
My shares in Chapters - which hit a high of $36, went right down the toilet to about $3. Thankfully, I had cashed them out the year before at $36 to buy my house - or I would have lost a lot of money. |
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