The New York Post Got It Wrong—Microsoft’s Alternate Board Slate For Yahoo Is All Sewn Up
by Erick Schonfeld on March 27, 2008

This morning, the New York Post ran a story with this headline:

M’SOFT NOT YET ON BOARD
NO NAMES LINED UP YET FOR YAHOO!

The article goes on to suggest that nobody in Silicon Valley wants to be on Microsoft’s alternate board for Yahoo for fear of “alienating both Yahoo! insiders and others who are aligned with the search giant.” This was news to us since we started gathering names of people who might be on that alternate board two weeks ago.

The sad truth is that nobody is afraid of Jerry Yang or any other Yahoo insiders (what’s left of them). While the Post may have uncovered some individuals who may have been considered for the alternate board and declined, that is not the same as evidence “that the software giant actually doesn’t have anyone lined up.” Because, in fact, Microsoft does have an alternate board lined up and the people chosen for it have agreed to serve if called upon to do so. We have confirmed this with a member of the alternate board.

So why hasn’t Microsoft released its proposed slate? It is not because it cannot find anyone to serve on it. More likely, the reason that Microsoft has gone dark is because it is deep in negotiations with Yahoo to close the deal. The expectation for a revised bid of $34 a share or more is well-founded. If a deal is imminent, there is no point in doing something hostile like propose a new slate of directors. The absence of a slate actually means the chances of the deal going through are high. If Microsoft does decide to reveal the slate in the next few days, then you’ll know the negotiations aren’t going well.

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  • I love this. The end of Yahoo…then Microsoft…then Google will rule the internet. The strongest survive, the weakest buy.

  • This needs to happen ASAP.

    Google has already started to take on Ask.com assets.

    We’ll be down to 2 soon.

  • Very solid reporting!

  • Great reporting TechCrunch! I’ve blasted you before for doing what I considered to be a sloppy job, but your analysis and reporting in this instance have been great. Keep it up.

  • Boring…

  • Here is a theory, maybe Microsoft made the bid for Yahoo, in order to cause it to fall apart, with all the executives leaving that may happen.

    Then microsoft has only 1 competitor to fight instead of 2, and it can take up the space that Yahoo left behind?

  • and with everyone fleeing GOOG for FB (which MSFT is in bed with), they might be the only one standing when all is done. Love it.

  • A post defending M$???
    Who wulda thunk?

  • $34 a Y! share is more than reasonable…

    When you-know-who said the Oil Price should worth $100 a barrel, people laughed… until Jan 2, 2008.

  • there’s another reason why msft is quiet. they are evaluating if they should just walk…..and avoid several entanglements. even if the “board nominee” source is for real, they do not know msft internal strategy….even former execs.

  • After this happens, what happens to eBay?

    Harry “wants to unload his dead stock portfolio shares” Wang

  • Приветствую всех!
    У меня такой вопрос,кто что интересное подскажет буду признателен.
    Мы с друзьями собираемся поехать в круиз по просторам России и ближнего зарубежья месяца на два на своих машинах,но не как не можем согласовать маршрут,если у кого уже был опыт такого путешествия,может,что посоветуете.Девчонок с собой не берем,думаем,что во все городах России с этим не будет проблем,если у кого будут рекомендации и в вопросе отдыха с девушками тоже буду признателен.

    С уважением Сеньчик

  • Hello my friends :)
    ;)

  • ривет сцуки драные!
    Порнушко там и тут ищи в гугле :) ихихи мудачек наебали тебя!

  • Если это не большой секрет;), автор блога откуда родом?

  • >>>Взлом контакта<<<

    Вконтакте – мой любимый сайт! Я бы даже сказала, что он полностью отражает мою сущность – любою открытое общение, новые знакомства, юмор, музыку. Мне хочется, чтобы на моей странице все было красиво. Теперь я могу писать прикольными символами, добавлять симпотные картинки. У меня все как бы разложено по полочкам, все понятно и хорошо оформлено. А еще, честно признаюсь, я люблю пройтись по закрытым страничкам. Чувствую себя таким хакером))))

    >>>Секреты контакта<<<

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