Fexon Technology Ltd: Microsoft issued an ultimatum-married Yahoo

Fexon Technology Ltd reports: 64 days have passed, Microsoft has no patience Yahoo Haoxiaqu, April 5, they Yahoo issued a "ultimatum" to Yahoo within three weeks to respond to the proposed acquisition, otherwise, they will direct that the matter Yahoo's decision by the shareholders. According to sources, Microsoft Yahoo is issued by the "ultimatum" to be evaluated. Recent warplane-collision rocked the industry and whether the acquisition will be a protracted war because "ultimatum" the emergence of Boyunjianri?

Yahoo fond of Microsoft?

According to media analysis, Microsoft has not marry non-Yahoo, Yahoo is seeing a "home base." Microsoft will acquire five positive.

1 to counter Google: Yahoo and Microsoft's territory has been subjected to Google swallowed.

2, the strategy failed to reverse their losses: Microsoft's online division MSN will truly become a leader in the industry.

3, to find a new way out.

4 to enter the Oriental market.

5, as soon as possible drilling regulatory loopholes: If Microsoft can be rushed to the European Union announced a new requirement to complete the acquisition of Yahoo would reduce a lot of trouble, the opportunity for Microsoft not much.

Yahoo's counterattack in self-defense

Google CEO Eric Schmidt (EricSchmidt) had specifically on Yahoo CEO Jerry Yang, Yahoo hopes to provide help to combat Microsoft's "malicious" acquisition. This was widely interpreted as Microsoft Google tinge signs. March 5, Yahoo and Time Warner to accelerate the negotiations, Microsoft plan joint bid for blocking the news again waves in the industry.

Yahoo plans for all employees introduced an enhanced service compensation scheme. If Yahoo employees due to the change in control of the layoffs and will receive more severance pay. This means that once the takeover is successful, Microsoft will reorganization Yahoo, and termination compensation plan will allow the company to pay a higher price. (Fexon Technology Ltd)

China will intervene in "micro-Ya Love"?

September 2005, Yahoo to 1 billion US dollars in China Yahoo bought 39% stake in Alibaba. At that time, the agreement states that if Yahoo acquired by other enterprises Alibaba, Yahoo has held the right to repurchase shares of priority. Therefore, Alibaba whether to repurchase shares Microsoft's acquisition will affect Yahoo's offer. Therefore, based on "anti-monopoly law" scruples, Microsoft is likely to sell Yahoo hands of about 3 billion US dollars worth of Alibaba shares.

Apart from the monopoly threshold, the national security review of mergers and acquisitions in China is Microsoft needs to be within the scope of a clearance. Before and after the two sessions this year, "Ma phenomenon" in the Pearl River Delta, Yangtze River Delta from a big discussion on that one aspect, this economic model has been incorporated into the government's scope of vision. There is no doubt that Alibaba control of the changes will not be as easy as imagined.

"Micro-Ya Love" before and after

At 19:40 on February 1, 2008, the company announced that it submitted its bid to Yahoo, plans 31 US dollars a share purchase all common shares, worth 44.6 billion US dollars. Microsoft's bid is bigger than Yahoo's January 31 closing price of 19.18 US dollars premium of 62%.

11 evening, the board formally rejected the Yahoo Microsoft 44.6 billion US dollars bid, the reason is that the price "greatly underestimated the value of Yahoo." (Fexon Technology Ltd)

February 20, Microsoft submitted a document the United States confirmed that the Commission would be given to the Yahoo launched the proxy battle. Yahoo Board re-election every year, Microsoft has the opportunity to lobby Yahoo's shareholders, the replacement of the existing Yahoo board of directors, Microsoft bought Yahoo to approve the transaction.

March 18, Yahoo announced that the next three years will be operating cash flow from 1.9 billion US dollars to 3.7 billion US dollars, by 2010, the income will reach 8.8 billion US dollars.

April 5, in the "ultimatum", Ballmer said, the site now Yahoo decline in the stock market and the economic situation worse, compared with two months ago, Microsoft is now 62% of the premium is a more rare .

So far, Microsoft and Yahoo executives on the issue of acquisition of two meetings, but Ballmer said, the management of the two sides had very limited contact, but no substantive results.(Fexon Technology Ltd)