Not sure if this goes here..
I surely do not understand the business world and what happens when, in this case, MS bids to buy Yahoo. Cant Yahoo just say no, its not for sale? I just dont seem to understand how it means that they more or less must sell. If someone came to me and said ill buy your car for $5000, I have to say yes or take offers from others? I just dont understand this business aspect of it.
I remember watching Bonfire of the Vanities, but it doenst explain how corporate takeovers work, but it was a great movie.
Can someone shed light on how this works in the business world?
I surely do not understand the business world and what happens when, in this case, MS bids to buy Yahoo. Cant Yahoo just say no, its not for sale? I just dont seem to understand how it means that they more or less must sell. If someone came to me and said ill buy your car for $5000, I have to say yes or take offers from others? I just dont understand this business aspect of it.
I remember watching Bonfire of the Vanities, but it doenst explain how corporate takeovers work, but it was a great movie.
Can someone shed light on how this works in the business world?