It looks like Microsoft doesn’t know the meaning of the phrase, “No means no.” The firm just responded to Yahoo’s snub of its acquisition offer, announced this morning.
“It is unfortunate that Yahoo! has not embraced our full and fair proposal to combine our companies” said the Microsoft statement. “Based on conversations with stakeholders of both companies, we are confident that moving forward promptly to consummate a transaction is in the best interests of all parties.”
For some reason, that Meatloaf tune just popped into my head…you know the one with the backseat negotiation scenario? I guess Yahoo needs to know Microsoft will really, truly love it forever.
Microsoft went on to reiterate the case it made when first publicly wooing Yahoo’s Board February 1.
But don’t expect Microsoft to “sleep on it.” In thinly-veiled language, the firm has suggested it won’t take no for an answer. “As we have said previously, Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!’s shareholders are provided with the opportunity to realize the value inherent in our proposal,” continued the statement.
It’s practically Valentine’s Day. You’d think Microsoft would at least try to be a bit more romantic, ya know?
Let’s just hope neither of them end up praying for the end of time….
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