Though Yahoo! said “take a hike” to the initial offer, Microsoft is seemingly confident it will swallow up the Y!, as a recent internal email attests. MS is going the hostile takeover route, though it’s sugar coating how things are going to work out.
The email says, in part,
We look forward to a constructive dialogue with Yahoo’s board, management, shareholders, and employees on the value of this combination and its strategic and financial merits.
Aw, that doesn’t sound hostile at all. In fact, it sounds like they’re going to share a malt at the drugstore, they might even hold hands if Yahoo! gets lucky.
Microsoft email prepares workers for Yahoo takeover [Yahoo! News (irony!)]