Microsoft makes a bid for Yahoo!
Microsoft offers $44.6 bln for Yahoo; targets ‘dominant player’ - MarketWatch
WASHINGTON (MarketWatch) — Microsoft Corp. on Friday offered to buy search-engine operator Yahoo Inc. for $31 a share, or $44.6 billion, in an effort to better compete with online-advertising juggernaut Google Inc.
The article goes on to say that the point of the offer is so the MSFT can compete with Google. Which makes sense, Yahoo! has been losing share price, just posted a quarterly loss, a announced layoffs, making it vulnerable to a take over bid.
Lots of times these deals are more trouble than they are worth, thins AOL(link) and Time Warner, HP and Compaq. Time will tell.
February 3rd, 2008 at 10:13 am
Hmm. Not sure that Y! will rollover so easily. This is a stock play by M$, if it were to come to fruition, I’d bet GOOG would grab M$.
Only time will tell. Mentioned this earlier.
How bout that one