Username: Password:

Musing about technology, finance, venture capital, & the money culture with Paul Kedrosky

Visit Paul Kedrosky's Infectious Greed

hr

Yahoo: Yang Disease is Spreading

Posted on May 15, 2008

Apparently Yang Disease is spreading at Yahoo. Recall, this is a company that seemingly thinks that, despite being a struggling outfit presented with a 70% price premium over its then trading price, it is the one that gets to set the terms of the takeover discussion. The latest evidence , Yahoo's chair Bostock has joined the anti-acquisition fray tonight with a meandering and illogical letter that repeats all sorts of silly claims, like that Yahoo didn't know it had been offered $33 by Microsoft; that it gets to set the terms; that Microsoft didn't respond in a timely way; that Yahoo's boa...

Original article link


Tags:
microsoft , yahoo
default explanation