I've owned MSFT for a long time. I think this merger is a terrible idea. YHOO is an eroding brand, IMO. I don't think it is worth paying $40+ billion for a company that is losing ground daily to google.
The market appears to hate the deal, since MSFT has lost at least $40 billion in market cap since the deal was announced. The market is basically saying that the deal has negative synergy. I agree, although I think the market is being a little too pessimistic.
I'm hoping MSFT just gives up and walks away from the deal.
I think the YHOO management should have jumped at the deal. If they can't get MSFT to raise their bid, I think eventually YHOO will be worth a lot less in the future.
Before the deal was announced YHOO was trading around $20. Then MSFT offers $30, but YHOO refuses saying it's worth $40. I don't get it. How can they say it's worth $40 when it was trading at $20 before?
How much market cap would MSFT have lost if it merely performed inline with the rest of the Nasdaq 100 since Mister Softie's intentions were first announced?The market appears to hate the deal, since MSFT has lost at least $40 billion in market cap since the deal was announced.
Wouldn't it just be cheaper if M$ hired headhunter(s) and got all of Yahoo's "talent"?
I wonder why they don't do this. It's got to be cheaper than buying Yahoo.
-CC
Wouldn't it just be cheaper if M$ hired headhunter(s) and got all of Yahoo's "talent"?
I wonder why they don't do this. It's got to be cheaper than buying Yahoo.
-CC
I've owned MSFT for a long time. I think this merger is a terrible idea. YHOO is an eroding brand, IMO. I don't think it is worth paying $40+ billion for a company that is losing ground daily to google.
The market appears to hate the deal, since MSFT has lost at least $40 billion in market cap since the deal was announced. The market is basically saying that the deal has negative synergy. I agree, although I think the market is being a little too pessimistic.
I'm hoping MSFT just gives up and walks away from the deal.
I think the YHOO management should have jumped at the deal. If they can't get MSFT to raise their bid, I think eventually YHOO will be worth a lot less in the future.