Chan's Personal Blog

As you may or may not know, Microsoft has been trying to buyout Yahoo. The plot has thickened immensely in the last week. A disclaimer before we start, the opinions expressed in this article do not reflect the opinions of Yahoo; these are my opinions and mine alone.

Lets start by introducing the actors of this plot.

• Jerry Yang, CEO of Yahoo
• Google, needs no introduction
• Steve Ballmer, CEO of Microsoft (featured in the video below)
• Rudolph Murdoch, Evil Emporer and CEO of News Corp. Owner of the Fox Network and MySpace
• Time Warner, who owns AOL (I'm surprised that they're still around too.)

So a few months back, Yahoo had already rejected Microsoft's bid of $31/share for Yahoo. On the weekend, Microsoft sent a letter to Yahoo telling us to stop dragging our feets and accept the offer. The letter says that Yahoo has no other viable alternative. The offer would expire in three weeks. This threat was supposed to scare us into submission because many believe that Yahoo's stock will plunge from $28/share now to $19/share if Microsoft pulled the plug on the deal.

At this point, things were looking kind of dark since it looked like Yahoo was out for the count, and resistance against Microsoft was futile. It was inevitable that they would take us.

That's when Jerry Yang of Yahoo launched the counter attack.