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Posts Tagged ‘withdrawn bid’

        It depends on what time of the day you were able to catch up on the news today.  Microsoft wants to buy Yahoo; then it doesn’t.  In an ever winding path, Microsoft has been trying to purchase Yahoo.  Those on the board keep rejecting the bids. The bid has been raised and still…Yahoo board members have turned their backs on the idea. 

         There have been rumors that Microsoft will take the next step to try to force the purchase with a hostile takeover by trying to get the board members replaced by 10 friendlier members who would be more “open” to the takeover idea.

        This evening, word is that Microsoft has withdrawn it’s bid.  So,  does this mean that the world of, behind the scenes, business manuevering will take over to try to create a more effective environment for purchasing?  You have to wonder if that is even wise; the workers who are still on the job, if and, when a takeover happens will not necessarily be the most accomodating employees. 

           Fear takes over in those types of situations and employees get a little jumpy. They start to feel a sense of divided loyalties.   What if Yahoo’s crucial employees, who have the skills that Microsoft is looking for in their attempt to become more competitive with Google, decide to head for a more stable work environment?  It is a bit of a gamble to pick up a hostile company to add to your companies holdings.

       What about the customers…how will we benefit; or, suffer if they merge two mega internet superstars?  Each company is successful in it’s own right.   What will they have to offer us, the potential customers by joining together.    Will we start to see better services and more creativity?  Or will we be held hostage to a monopoly of providers?   The power that they would wield over the internet, as we know it, would be mindboggling.   What do you think about this?

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