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2008-02-01, 07:15 AM
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#1 |
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You can now put whatever you want in this space :)
Join Date: Sep 2004
Location: Toronto, Canada
Posts: 6,244
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Microsoft bids $44.6-billion for Yahoo
Article is here. Just thought you'd like to know.
Last edited by ArtWilliams; 2008-02-01 at 07:20 AM.. |
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2008-02-01, 07:43 AM
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#2 |
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That which does not kill us, will try, try again.
Join Date: Aug 2003
Location: Conch Republic
Posts: 5,150
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Talk about waking up to bad news.
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"If you're happy and you know it, think again." -- Guru Pitka |
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2008-02-01, 08:00 AM
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#3 |
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You can now put whatever you want in this space :)
Join Date: Sep 2004
Location: Toronto, Canada
Posts: 6,244
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M$ out bid me by $44,599,999,000 bit I was going to throw in a Tim Horton's gift card and a few yummy beaver tails to sweeten the deal!
I think it makes business sense for the two companies with the U.S likely in recession. Yahoo is apparently in trouble and M$ Live has never really taken off. The premium is 62% over the Yahoo close. At that price it will be hard for the Yahoo Board of Directors to say no. Last edited by ArtWilliams; 2008-02-01 at 08:02 AM.. |
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2008-02-01, 09:29 AM
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Nothing funnier than the ridiculous faces you people make mid-coitus
Join Date: Aug 2003
Location: Sin-City USA
Posts: 4,973
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I was just watching the Bloomberg on that..
On one hand, I am happy because one of my few funds owns an assload (almost as big as mine) of Yahoo! stock. On the other hand I really HATE that so many companies are being incorporated into these mega companies, like MS, Fox, etc. |
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2008-02-01, 09:50 AM
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That which does not kill us, will try, try again.
Join Date: Aug 2003
Location: Conch Republic
Posts: 5,150
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Already owning an assload of Yahoo stock would be the only good thing I could think of too. Especially when I saw it was already trading at a nice premium this morning.
Not only hard for the board to pass on, but makes it hard for anyone else who might have been thinking of making a pass at Yahoo to jump into the middle now. At least not anyone without enough money to push back hard on a 62% over bid. I agree, Doc, it's like everyone is trying to clone that perfect cow. Eventually it'll all wind up tasting the same. .
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"If you're happy and you know it, think again." -- Guru Pitka |
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2008-02-02, 06:06 AM
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#6 |
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Well you know boys, a nuclear reactor is a lot like women. You just have to read the manual and press the right button
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I really don't want my Flickr account to be owned by M... Sad news...
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Matyko (Listen to PsyRadio FM) |
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2008-02-02, 10:37 AM
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The Original Greenguy (Est'd 1996) & AVN HOF Member - I Crop Pics For Thumbs In My Sleep
Join Date: Feb 2003
Location: Blasdell, NY (shithole suburb south of Buffalo)
Posts: 41,929
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ExxonMobil reported a profit in 2007 of more than that.
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2008-02-02, 10:39 AM
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#8 |
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Lonewolf Internet Sales
Join Date: Mar 2005
Location: Houston
Posts: 4,826
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Pretty much a dead deal already due to "lack of interest by Yahoo."
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