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Message: Is Microsoft Steve Ballmer the puppeteer?

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insightbyhindsight

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Re: Is Microsoft Steve Ballmer the puppeteer?

in response to Is Microsoft Steve Ballmer the puppeteer? by Delgardo

posted on Jul 21, 08 01:24PM

That could be a theory.

Remember Legg Mason's press release on 19 July (one of the major investors with 4.4% in yahoo as much as Carl Icahn's interest) backed yahoo's board. Not to mention Jerry Yang made yahoo, YAHOO. Clearly Icahn having invested billions into yahoo it is high risk if Microsoft did not fully back the deal the second time around.

Icahn's bet was microsoft would take over yahoo. Think about it how many other management can run a $30 billion establishment and be the #2 player in the industry. As one analyst mentioned " Microsoft $45 billion bid for Yahoo is Microsoft's $45 billion failure"

I think the biggest set back came with Bill Gates saying the merger is not favorable and secondly Ballmer stating it is not interested in all of Yahoo.

Splitting Yahoo up is a huge risk, so why not make peace. I am sure the games are not over but as the adage goes when the elephants fight the grass get destroyed. My suggestion - run for cover.

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