Comments on: Will Microsoft Lower Their Bid for Yahoo? http://thomashawk.com/2008/04/will-microsoft-lower-their-bid-for.html Fri, 10 Feb 2012 02:09:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: dale http://thomashawk.com/2008/04/will-microsoft-lower-their-bid-for.html/comment-page-1#comment-2571 dale Sun, 06 Apr 2008 10:33:00 +0000 http://clients.emmense.com/thomashawk/?p=472#comment-2571 Those lawsuits should get dismissed. A couple of pension funds that owned Yahoo (and not that much of it) filed. They would have been better off just selling the shares they had. It's just another stupid class-action suit where the lawyers make the money. Those lawsuits should get dismissed. A couple of pension funds that owned Yahoo (and not that much of it) filed. They would have been better off just selling the shares they had. It’s just another stupid class-action suit where the lawyers make the money.

]]> By: Thomas Hawk http://thomashawk.com/2008/04/will-microsoft-lower-their-bid-for.html/comment-page-1#comment-2572 Thomas Hawk Sat, 05 Apr 2008 17:12:00 +0000 http://clients.emmense.com/thomashawk/?p=472#comment-2572 <i>I don't remember the details, or where I read that, but some shareholders already filled lawsuits a few weeks after Yahoo rejected Microsoft offer.</i><br /><br />Yes Nick, but it gets a lot worse if Yahoo loses the deal that's on the table. It could be much more easily argued that the current board was not looking after the best interests of the shareholders.<br /><br />If Yahoo ended up excepting the original deal after the lawsuits were filed it would be hard to prove damages given the premium on the stock. If Microsoft pulls the deal or lowers the bid then damages are much more real and substantive. I don’t remember the details, or where I read that, but some shareholders already filled lawsuits a few weeks after Yahoo rejected Microsoft offer.

Yes Nick, but it gets a lot worse if Yahoo loses the deal that’s on the table. It could be much more easily argued that the current board was not looking after the best interests of the shareholders.

If Yahoo ended up excepting the original deal after the lawsuits were filed it would be hard to prove damages given the premium on the stock. If Microsoft pulls the deal or lowers the bid then damages are much more real and substantive.

]]> By: Nick http://thomashawk.com/2008/04/will-microsoft-lower-their-bid-for.html/comment-page-1#comment-2573 Nick Sat, 05 Apr 2008 16:34:00 +0000 http://clients.emmense.com/thomashawk/?p=472#comment-2573 I don't remember the details, or where I read that, but some shareholders already filled lawsuits a few weeks after Yahoo rejected Microsoft offer. I don’t remember the details, or where I read that, but some shareholders already filled lawsuits a few weeks after Yahoo rejected Microsoft offer.

]]> By: dale http://thomashawk.com/2008/04/will-microsoft-lower-their-bid-for.html/comment-page-1#comment-2574 dale Sat, 05 Apr 2008 09:46:00 +0000 http://clients.emmense.com/thomashawk/?p=472#comment-2574 Microsoft wants Yahoo more than Yahoo needs Microsoft. A lower bid would mean a much, much more difficult time in a proxy battle. I don't see that happening, they'll keep it the same or raise it slightly (I'm hoping for that $34-36 figure though so I can sell my shares). Microsoft wants Yahoo more than Yahoo needs Microsoft. A lower bid would mean a much, much more difficult time in a proxy battle. I don’t see that happening, they’ll keep it the same or raise it slightly (I’m hoping for that $34-36 figure though so I can sell my shares).

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