Linked by Thom Holwerda on Fri 1st Feb 2008 13:00 UTC, submitted by Moulinneuf
Microsoft has offered to buy the search engine company Yahoo for USD 44.6bn in cash and shares. The offer, contained in a letter to Yahoo's board, is 62% above Yahoo's closing share price on Thursday. Yahoo cut its revenue forecasts earlier this week and said it would have to spend an additional USD 300m this year trying to revive the company. It has been struggling in recent years to compete with Google, which has also been a competitor to Microsoft. Update: More here.
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Member since:
2007-02-07
I just don't think a buyout would be accepted internationally... least not the EU.
If EU Allows Google+Doubleclick then why not MS+Yahoo! ?
Their combined market share would still be behind that of Google.
but the staff would rather jump ship IMO than be a Microsoft property, especially if they were no longer allowed to run their ship how they saw fit.
What?! On what basis do you say that? Leave that to Yahoo! employees, they live in REAL world and have families to feed and won't just cut off and abandon everything en masse because their new boss is Microsoft.
Edited 2008-02-01 14:46 UTC