| heruamon said: Microsoft overtures to Yahoo aren't exactly "hostile", since hte major shareholders are all for it, and if it came down to a vote, Yahoo's mgmt will lose badly and embrassingly. The only thing to be worked out is fine tuning the final price for this to happen, over the next few weeks and months. As for the subject of this topic..it's pretty huge news for the 360. Epics...let's see: - Unreal engine, which is in a TON of games out on the market, and which will allow the 360 to get an even stronger foothold on the 3rd person market. - Microsoft will have some pretty nifty data on programming on the PS3. think of it as one country getting their hands on another weapon systems data. - Microsoft makes money off PS3 games...since all these developers are using the Unreal engine to make games. C'mon...look at the list of people using the engine: http://www.epicgames.com/ holee cow...and with the financial backing of M$$$...work can get started on improving the Unreal engine to keep the competitive edge, while squeezing every bit of capability out of the system. This is a huge win for Microsoft, if Epic agrees to the deal. |
The major shareholders in Yahoo are officers and directors of the company. I'm pretty sure they were involved in rejecting the offer in the first place.
I don't think Microsoft will buy Epic. Epic is a privately held company, which means the private owners would have to want to sell out for a billion dollars. I doubt they want that right now. If they were hurting for cash or just wanted to make a quick mint, they'd probably make more than a billion dollars on an IPO of the company. (which they'd probably want to wait until the market recovers before doing)
(which isnt to say the company is worth a billion dollars, just that during an ipo, the value of stocks tend to inflate quickly and past all proportion to the value of the company before profit taking brings the price back down to a reasonable price/earnings ratio. of course, the stock has to stay inflated long enough to outlast the lock up period, which is a minimum of 3 months, if the original owners just want to cash out.)
