Comments on: Yahoo unveils timeline of failed Microsoft talks

As it gears up for a proxy battle, Yahoo releases its version of a detailed timeline of the failed buyout negotiations with Microsoft.

[Dowlapalli]

lol. where is the news body ?

[SVContrarian]

How convenient that Yahoo leaves the poison pill out of their timeline.

http://seekingalpha.com/article/79900-yahoo-s-poison-pill-against-msft-takeover-deemed-nuts?source=financialcontent

This made it more attractive for YHOO employees to leave, and trashed the value of the deal for MSFT. Obviously Yang and the YHOO board didn't want this transaction to go through, and did everything they could to prevent it, including fighting in court to prevent disclosing the compensation changes.

We'll see at the Aug 1 shareholder meeting whether heads will roll. The market's already spoken about the Yang team plan - the stock has tanked since they sold out their ads to GOOG. If I were a shareholder looking at $33 from MSFT, or low $20-something with the Yang team plan, the choice seems pretty clear to me...

[Sugiarto Setiabudi]

There is no wrong of Yahoo board regarding its decretion to keep yahoo independent,but there is wrong of collaboration in illegal hostile takeover.
Yahoo board has absolutely discretion power in discharging directors fiduciary duties for the best long term interest of its srakeholders,not only shareholders.

[SVContrarian]

"Wrong of collaboration in illegal hostile takeover"? What planet are you writing from? Jerry Yang - are you now posting under the name of Sugiarto? Nice spelling by the way...

[winstein]

The money is in the search advertising business. Anyone in the business will tell you that Google has all the best search ads. Yahoo is the leader in display ads. Microsoft has neither.

Microsoft has neither the experience nor the track record to run Yahoo to compete with Google. Besides, Microsoft's hands are tied and cannot bundle Yahoo's services with any of its products.

[Kwasiowusu]

Even as Yahoo's borad continues to re-write history, and come up with a patently false account that a simple check up on any financial web site wil prove is a tissue of lies, in the real world, Yahoo's stock continues on its unrelenting downward spiral since Microsoft walked away.
Just today, yahoo hit yet another 5 month low, falling to the tune of a massive .65 (over 3%), to just $20.66. clearly, the market doesn't believe a word Jerry Yang and his band of criminals have to say, and have given Yahoo's statement a strong thumbs down by selling Yahoo stock in droves. Expect Yahoo to hit $12 in the next few years.

[t8]

Even though Yahoo is struggling to compete against Google, they are in a much better position than Microsoft.