Apple and Others Considering Bids for Yahoo?
One report lists Apple amongst possible companies that are considering rival offers for Yahoo after Microsoft issued a public bid of $44.6 billion for the company last week. Part of the hesitation is reportedly Yahoo CEO, Jerry Yang, being reluctant to join Microsoft.
While Apple does have $16 billion in the bank, representatives from other companies have already expressed reluctance to place a bid for Yahoo against Microsoft, who could easily top their bids. Meanwhile, it appears Google has been playing an active role in trying to hinder this move. Google CEO Eric Schmidt personally phoned Yahoo CEO Jerry Yang to offer assistance in fending off a Microsoft acquisision.
It is believed [Yang] would be particularly open to a rescue bid from Steve Jobs' Apple Corp, having openly expressed his admiration for the firm in the past. Yang last year invited Jobs to Yahoo's headquarters in Sunnyvale to give a motivational talk to staff.
While Apple does have $16 billion in the bank, representatives from other companies have already expressed reluctance to place a bid for Yahoo against Microsoft, who could easily top their bids. Meanwhile, it appears Google has been playing an active role in trying to hinder this move. Google CEO Eric Schmidt personally phoned Yahoo CEO Jerry Yang to offer assistance in fending off a Microsoft acquisision.
Top Rated Comments
(View all)53 months ago
No Apple. Please keep your $16 billion in the bank. Let Google settle this one.
53 months ago
This might be an attempt to force up the price MS will eventually have to pay.
I think the Yahoo/Apple cultures would work better together, as they have already collaborated. What it would mean for the Apple/Google special relationship is unclear.
I think the Yahoo/Apple cultures would work better together, as they have already collaborated. What it would mean for the Apple/Google special relationship is unclear.
53 months ago
Although I really like Yahoo, I wouldn't want Apple to buy them. I always thought Google and Apple would be the best match due to innovation, attention to details, etc.
53 months ago
Microsoft just seems to have money to burn. I feel like there was a board meeting and someone was like "Hey, we should try and do a hostile takeover of something this week." And someone else was like "For sure." Then they took out a newspaper and threw a dart at the stock page landing on YHOO. "Done deal, take her down." lol
53 months ago
As someone with both a .mac subscription and paid subscription to Yahoo! email I too would welcome Yahoo! being bought by anyone else (well except to the Chinese company being mentioned in the article). I'm weary of Microsoft radically making Yahoo! less Apple friendly.
53 months ago
Ha...Yahoo would LIKE Apple to buy them instead of Microsoft.
This makes Apple a possible buyer?
I thought Apple had to actually care for them to be possible buyers.
This makes Apple a possible buyer?
I thought Apple had to actually care for them to be possible buyers.
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