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(单词翻译:双击或拖选)
Yahoo rejects Microsoft, again 1:53 微软再度被雅虎拒之门外
Yahoo dismissed Microsoft's latest takeover overture1, saying its deal with Google is financially superior.
Well, the bickering2 in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the Internet giant's search engine, while adding an unwelcome nuance3, turning over the rest of the company to a new board controlled by Carl Icahn. In a take-it-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo's search division, only to be shot down with fighting words from Yahoo. Yahoo's chairman Roy Bostock issued a statement over the weekend, calling it, "ludicrous" , to think that Yahoo would accept Microsoft's "erratic4 and unpredictable behavior", knocking down the bid, saying it is not in the best interest of Yahoo shareholders6.
Yahoo listed the factors for its decision . First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft Icahn proposal. Secondly7, the Microsoft Icahn proposal would block a potential sale of all of Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen8 by Icahn's slate9 of board members, which has virtually no working knowledge of Yahoo's business. And finally, Yahoo believes the ousting10 of its board would destabilize the company for up to the one year it would take to gain regulatory approval for the deal.
But also included in its response, Yahoo reiterated11 its willingness to sell the entire company for Microsoft's elevated 33 dollar a share or 47. 5-billion-dollar / offer, which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo's remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder5 meeting on August 1st, and we'll see then if Icahn gets its way when it comes to the board seats.
1 overture | |
n.前奏曲、序曲,提议,提案,初步交涉 | |
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2 bickering | |
v.争吵( bicker的现在分词 );口角;(水等)作潺潺声;闪烁 | |
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3 nuance | |
n.(意义、意见、颜色)细微差别 | |
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4 erratic | |
adj.古怪的,反复无常的,不稳定的 | |
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5 shareholder | |
n.股东,股票持有人 | |
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6 shareholders | |
n.股东( shareholder的名词复数 ) | |
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7 secondly | |
adv.第二,其次 | |
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8 overseen | |
v.监督,监视( oversee的过去分词 ) | |
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9 slate | |
n.板岩,石板,石片,石板色,候选人名单;adj.暗蓝灰色的,含板岩的;vt.用石板覆盖,痛打,提名,预订 | |
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10 ousting | |
驱逐( oust的现在分词 ); 革职; 罢黜; 剥夺 | |
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11 reiterated | |
反复地说,重申( reiterate的过去式和过去分词 ) | |
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