Breaking: Yahoo Once Again Asserts It's Not Selling Out to Microsoft

No cite as Jenjhis saw it on TV.

I don't get this. Or rather, I do "get it," but I'm having trouble understanding how the guys currently in charge justify their refusal.

These guys like being in charge of a big company. They have fanciful ideas that they'll be able to make it bigger than Google. So they keep saying no to the buyout.

But they have a duty to their other shareholders. What they egotistically think they might do one day with Yahoo has to be balanced against reality. And the reality is that the shareholders can get rich off this deal, and not nearly as rich without it.

Bud Too? A Belgian brewer has made an unsolicited takeover bid for Budweiser.

Employees in St. Louis are worried about losing their jobs in the consolidation, should Anheuser-Busch sell. Some people are strongly opposed to Anheuser-Busch being owned by a foreign company, and are opposed to making the deal on those grounds.

Governor Matt Blunt is also opposed to the deal, and has told the Missouri Department of Economic Development to find a way to stop it from happening.

Would they lay off the workers? Who would buy the beer if they did that? They're not exactly selling taste or quality.

posted by Ace at 03:17 PM

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