What do you do if you have $44.6 billion in cash and stock? Buy Yahoo!. *gosh* how many zeros are there?
I’m sure this is a move to rival the increasing dominance of Google in the Internet space. What will happen to Yahoo! Mail, Flickr, Yahoo Groups after Microsoft has bought Yahoo!? *wondering*
Microsoft Corp. (NASDAQ:MSFT) today announced that it has made a proposal to the Yahoo! Inc. (NASDAQ:YHOO) Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion…… Today, the market is increasingly dominated by one player who is consolidating its dominance through acquisition.
Read Microsoft PressPass announcement of this proposal to buy Yahoo!
What do you think about it? Is it for the better that instead of Google vs Microsoft vs Yahoo! now, it’ll soon be Google vs Microsoft + Yahoo!?
Indeed no one but shareholders have something to win from Micro$soft-Yahoo! merge.
IMO – This is really a bad news for the web.
;o(
Comment by Bluebeetle(one) — February 3, 2008 @ 10:44 am
No more liao. The deal is canceled by Balmer today.
Comment by Gus — May 4, 2008 @ 1:48 pm
ah well …. some things have to come to an end.
Comment by hendrikch — May 4, 2008 @ 11:06 pm