{"id":1423,"date":"2008-02-10T18:55:52","date_gmt":"2008-02-10T18:55:52","guid":{"rendered":"http:\/\/scienceblogs.com\/gregladen\/2008\/02\/10\/microsoft-goes-soft-on-yahoo-h\/"},"modified":"2008-02-10T18:55:52","modified_gmt":"2008-02-10T18:55:52","slug":"microsoft-goes-soft-on-yahoo-h","status":"publish","type":"post","link":"https:\/\/gregladen.com\/blog\/2008\/02\/10\/microsoft-goes-soft-on-yahoo-h\/","title":{"rendered":"Microsoft Goes Soft on Yahoo Hostile Takeover?"},"content":{"rendered":"<p>Secret information available only on, well, major news outlets, seems to indicate that Microsoft has backed off a recent attempt at a hostile takeover of Yahoo.<!--more--><\/p>\n<blockquote><p>Many outlets are echoing a subscribers-only report in the Wall Street Journal that Yahoo&#8217;s board has decided to reject Microsoft&#8217;s takeover offer. The NYTimes offers the only other independent reporting so far confirming this claim. The report says that Yahoo will formally reject the offer in a letter on Monday, since they believe it &#8220;massively undervalues&#8221; the company. Microsoft offered $31 per share, a 62% premium on the stock price at the time, for Yahoo; but the latter believes that no offer below $40 per share is tenable. The AP has some background on Yahoo&#8217;s options in responding to the bid.<\/p><\/blockquote>\n<p><a href=\"http:\/\/slashdot.org\/article.pl?sid=08\/02\/09\/1812239\">Source: Slashdot<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Secret information available only on, well, major news outlets, seems to indicate that Microsoft has backed off a recent attempt at a hostile takeover of Yahoo.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[57],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p5fhV1-mX","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/gregladen.com\/blog\/wp-json\/wp\/v2\/posts\/1423"}],"collection":[{"href":"https:\/\/gregladen.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gregladen.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gregladen.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gregladen.com\/blog\/wp-json\/wp\/v2\/comments?post=1423"}],"version-history":[{"count":0,"href":"https:\/\/gregladen.com\/blog\/wp-json\/wp\/v2\/posts\/1423\/revisions"}],"wp:attachment":[{"href":"https:\/\/gregladen.com\/blog\/wp-json\/wp\/v2\/media?parent=1423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gregladen.com\/blog\/wp-json\/wp\/v2\/categories?post=1423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gregladen.com\/blog\/wp-json\/wp\/v2\/tags?post=1423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}