Microsoft chief executive Steve Ballmer has written his counterpart at Yahoo, Jerry Yang, in a letter dated May 3 and posted on MS' website, to say that MS has reached the "conclusion of the process regarding a possible combination" of those two companies, and that MS has decided NOT to initiate a proxy fight in order to force the acquisition over Yang's opposition.
One passage in the letter mystifies me, because it appears to be designed chiefly tohelp future potential targets. Ballmer, referring to some conversations he has had with Yang over the last week, says that he has come to believe that if he pressed the matter "you would take steps that would make Yahoo! undesirable as an acquisition for Microsoft."
It's called "shark repellent," though such impolite terms aren't used in the letters released via one's corporate website.
Anyway, Ballmer then proceeds to list in some detail the particular plans on Yahoo's part that did the repellent job, even including a bullet list.
Hey, Ballmer, your company remains one of the biggest meanest sharks out there. Why give future prey a detailed description of how to ward you off?
BBC News, on its website, has posted an intelligent analysis of where MS goes from here..
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