I was prepared to write something simple… something about why our "walking away" was the right move to make and that while I was still disappointed that an agreement couldn’t be made, I was proud that our leadership didn’t do anything stupid like up our offer anything ridiculous. And I was also ready to respond to certain two-bit Northern California hacks in the media announcing how "Microsoft failed" and "Yahoo won" etc. Ahem.
Then the Wall Street Journal, CNN, and Bloomberg chimed in, among others, and… well… pretty much did the typing for me.
- Battered Yahoo Admits It Overplayed Hand; Open To New Microsoft Talks
http://www.alleyinsider.com/2008/5/battered_yahoo_caves_admits_it_overplayed_hand
_now_open_to_new_microsoft_talks
- Yahoo Holders Turn Up Heat After Microsoft Deal Talks Fail
http://online.wsj.com/article/SB120999265277067343.html?mod=hps_us_whats_news
- How Yahoo (YHOO) Blew The Microsoft (MSFT) Deal, Part 1
http://www.alleyinsider.com/2008/5/how_yahoo_blew_the_microsoft_deal_part_1
- Yahoo board may face shareholder mutiny at annual meeting
http://money.cnn.com/news/newsfeeds/articles/apwire/614c1a6b0dfae893c8f3085d18b28e4c.htm
- Is Yahoo’s Yang toast?
http://blogs.reuters.com/mediafile/2008/05/06/is-yahoos-yang-toast/
- Yahoo feels wrath of Wall Street
http://seattlepi.nwsource.com/business/361873_msftyahoo06.html
- Report: Microsoft Meeting with Time Warner Regarding AOL
http://entmag.com/news/rss.asp?editorialsid=9829
- Seven analysts downgrade Yahoo stock
http://www.news.com/8301-10784_3-9936358-7.html
- Is Yang Still In Control At Yahoo?
http://www.techcrunch.com/2008/05/06/is-yang-still-in-control-at-yahoo/
- Yahoo’s Yang Says He’ll Listen as Investors Urge Sale
http://www.bloomberg.com/apps/news?pid=20601103&sid=a49fiKdczrxo
- Yahoo’s two largest institutional investors $1 apart from Microsoft’s offer
http://www.news.com/8301-10784_3-9935219-7.html
Kurt's Thoughts 