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:
2007-02-26
Change the rules so no one else can play:
http://en.wikipedia.org/wiki/Embrace%2C_extend%2C_extinguis...
edit: For those who refuse to follow links.
MS would inherit an astounding customer base and attempt to change the search/advert business in a significant way so that a certain competitor would be ineffective.
It's a simple matter of sticking with policy.
Edited 2008-02-01 16:08 UTC