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Source: Associated Pets
KittenCare.com set to acquire Microsoft Corporation (MSFT) or maybe just some stuff they sell Simba
San Francisco, CA, Aug 2000 (Associated Pets) -In a deal that will send shock waves throughout the pet and software industries, KittenCare.com, a wholly-owned subsidiary of KittenCare Enterprises, today announced that it is considering, maybe acquiring Microsoft Corporation. Terms of the deal were not disclosed, but insiders close to the parties noted that it would qualify as a 'pooling of interests' in which KittenCare.com will issue approximately 5-10 shares of its Series "C" PURRferred stock in exchange for 100% of all outstanding Microsoft common. At Microsoft's recent closing price of $68 11/16, the deal is worth $361 billion, or roughly 120,000,000 metric tons of cat food, making this the largest corporate merger in history.Simba, President and CEO of KittenCare.com, and famed Feline Entrepreneur, issued the following statement: "Microsoft is a world class technology company, they have an enormous installed base, their users are in the hundreds of millions, many of those people have cats!! That's a lot of kitty litter my friends." Asked how this would impact the government's anti-trust case against Microsoft, Joel Klein, lead Justice Department Prosecutor commented "KittenCare.com is led by an adorable kitten. How could we ever bring forward a case against such a cute little kitten. Have you seen how cute he is? He's all cute and cuddly and stuff..." The response on Wall Street was one of elation. "KittenCare.com management has again exceeded expectations. This deal tops last year's acquisition of Star-Kist Tuna!" said Robert Rubin, former Treasury Secretary, now Vice Chairman of CityGroup "It is a good day for investors and a great day for kittens." The sentiment was echoed at the 130th annual US Cat Show taking place this week at Madison Square Garden. "Meow" said Eddy, a 5-year-old Persian.
Sources close to the negotiations indicated that the new company to be named MicroSoftKitten plans to divest itself of all platform and applications businesses as well as the company's consumer portal, MSN. "The combined company really wants to focus on Microsoft's pet-related assets, especially the mouse business" said Steve Ballamer, on condition of anonymity. Simba added,"By combining our assets, we are forming the single largest mouse company in the world, Meyaou!"
Negotiations started soon after KittenCare.com's attempt to purchase Archer Daniels Midland's CatNip assets fell through in April. Microsoft Corporation was advised by the prestigious Wall Street firm, Goldman Sachs. KittenCare.com Enterprises was advised by Ralston Purina.
About Microsoft
Since its founding in 1975, the Microsoft Corp. mission has been to create software for the personal computer that empowers and enriches people in the workplace, at school and at home.
Microsoft® products include operating systems for personal computers and networks, server applications for client/server environments, business and consumer productivity applications, interactive media programs, and Internet platform and development tools. Microsoft also offers online services, personal computer books and input devices, and it researches and develops advanced technology software products. Microsoft products, available in more than 30 languages and more than 50 countries, are available for most PCs, including Intel microprocessor-based computers and Apple computers.
About KittenCare.com KittenCare.com is the web's leading cat engine. It provides advice to cat owners on topics ranging from health, behavior and training. The site is ranked tops by major Internet firms for its content and unique style. KittenCare.com's headquarters are in San Francisco, CA. It was founded in 1999 and has two employees, Simba, a 3-year-old domestic short hair and Kimu Kamu, a little white kitten.
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