Bill Gates Yahoo Should Take a Hard Look

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Bill Gates: Yahoo! Should Take A "Hard Look"...

By: Navneet Kaushal
2008-02-20

at The Offer! Just as many expected that Microsoft's passion for Yahoo would lead it to appreciate the offer, the Redmond giant's stance...

...seems to be just as tough as Yahoo's bold refusal to the proposal.

Rather than increasing the bid even by a cent and justifying the price of $31 per share as fair, the Redmond giant's Chairman, Mr. Bill Gates has reiterated his company's stand on the issue. "We sent them a letter and said we think that's a fair offer. There's nothing that's gone on other than us stating that we think it's a fair offer," said Mr. Gates On Monday. "They should take a hard look at it."

Yahoo on the other hand firmly believes that they have been undervalued and that they are should at least be offered a $40 per share price. Apparently, neither Microsoft's nor Yahoo have budged from their positions. Albeit, Yahoo has been on the lookout for better bids or perhaps alternative alliances with Rupert Murdoch's News Corp and Time Warner.

To begin with the deal was valued at $44.6 billion, but since then, Microsoft's share price has taken a dip of 12.8 percent, thereby altering the value of the cash-and-stock and pushing the offer closer to $41 billion.

It was clear earlier that Microsoft's is not letting the Yahoo slip from its grip, and would do whatever it takes to acquire Yahoo. Falling in line with its stated future course, Microsoft's next move could be to take the offer directly to Yahoo's shareholders, or perhaps to make an effort to a hostile takeover of Yahoo's board. To influence Yahoo's shareholders Microsoft would use their proxy votes to overthrow the board. How successful they would be only time would tell, they have a March 13th deadline to accomplish this feat.

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About the Author:
Nav is the founder and CEO of PageTraffic, a premier search engine company known for its assured SEO service, web design and development, copywriting and full time SEO professionals.

Navneet has wide experience in natural search engine optimization, internet marketing and PPC campaigns. He is a prolific writer and his articles can be found in the "Best Articles" section of many websites and article banks. As a search engine analyst , he has over 9 years of experience and his knowledge is in application here.


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