Monday, February 4, 2008

So Microsoft decides to (try to) buy Yahoo ...

And what did Google do? They blogged it.


I guess it's a sign of the times. I just hope that the blog does not turn into the corporate equivalent of what Kofi Annan would call the UN's "strongest warning:"



First of all, I disagree with their characterization of the offer as a hostile bid. I am a bit rusty after my failed attempt at an MBA almost a decade ago, but I do remember that hostile takeovers happen when somebody tries to takeover a company without the cooperation of the board. If the board accepts, it has to go through due diligence, otherwise the bidder has to rely on just public information, which means a hell of a lot more risk.

Basically, the main reason for calling it a hostile bid is because Microsoft did it. Had Google or Apple done it, it would be seen as business as usual.

0 comments: