| rukusa said: If I were Yahoo, I wouldn't sell. Especially because I'd believe yahoo would be able to gain much higher profit over time. Well thats just my initial impression. |
The problem with not selling is that MS is offering $31/share in this buyout. Yahoo's stock is at $19/share. It would be cheaper for MS to do a hostile takeover (which may be possible in 2 years after the DoJ's oversight is over) than it is to do the friendly takeover they are offering now. That coupled with the fact that Yahoo recently announced the need to layoff 1000 employees means that Yahoo probably isn't confident in almost 50% growth over the next 2 years (the period in which they are secure from a hostile takeover).
I personally think they will end up taking the offer. 1.5x market value is a *very* generous offer, and they may want to think about what is best for their stockholders -- which may not be retaining independent control of their companies.
Please, PLEASE do NOT feed the trolls.
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--Predictions--
1) WiiFit will outsell the pokemans.
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