Surprise!

[yesthattom]

“Microsoft move suggests not reversing Yahoo decision” (WSJ, May 9): “Microsoft Corp. released potential proxy board members from their agreements to serve in the event it made a hostile bid for Yahoo Inc., following the software giant’s decision last weekend to end its effort to buy the Internet company. Members of the proxy board received a short email from Microsoft’s law firm Sullivan & Cromwell Thursday morning, five days after Microsoft announced it was dropping its unsolicited bid for Yahoo after an unsuccessful three-month courtship. Neither a Microsoft nor Yahoo spokesman could be reached for comment. The move is a clear sign that Microsoft isn’t planning a sudden reversal of its decision and comes amid speculation that Microsoft and Yahoo sides will restart talks as several large shareholders have expressed their disappointment that a deal wasn’t reached.” http://online.wsj.com/article/SB121027770070978351.html

Wow! MS isn’t done with Yahoo! What a surprise!

Oh wait... it ISN’T a real surprise. It is a manufactured surprise to give the media something to talk about. When I predicted this some people (crs and lonesomepolecat) disagreed while others (rainbear, etler, kimuchi) agreed with me. Look who’s laughing now?

This ain’t over.

Comments

[crs.livejournal.com]

Wait... am I reading this backwards, or are you?

[jbsegal.livejournal.com]

Yeah, I read this as agreeing with you, Chris.
"The move is a clear sign that Microsoft isn’t planning a sudden reversal of its decision"

[dossy.livejournal.com]

Oh yeah, because, you know, Microsoft's intents have always been transparent. Especially to the mainstream media.

[jbsegal.livejournal.com]

If Tom has information that's not in what he quoted, that's fine.
But the thing he quoted as proving his point REALLY doesn't seem to. What am I missing?

(And no, I don't trust MSFT either, but I'm just talking about what he quoted.)

[dossy.livejournal.com]

Anyone who didn't see this coming (MSFT retracts takeover, YHOO stock tanks, MSFT buys it up on the cheap) is a sucker.

[kathdem.livejournal.com]

Uh, yeah, I think you may be misreading this. I think the article is saying that Microsoft doesn't seem to be pursuing Yahoo anymore. In other words, it's NOT reversing its decision to end the deal.

[dossy.livejournal.com]

Yahoo Climbs on CNBC Report Icahn May Challenge Board.

Like I said, anyone who didn't see this coming, is a sucker.