Microsoft drops bid for Yahoo after they failed to reach an agreement. I saw this on the headlines of NDTV today.
Yesss.... Yahoo wants more money i.e. $37 per share than $33 per share of microsoft. A big blow to Yahoo... Again Google is the LONELY King...READ More...
The most interesting part of that is that after it yahoo stocks raised alot, i thought they have to fall, considering they have raised from 19 dollars after microsofts offer.
Dear Microsoft... Here are a few suggestions for what else Microsoft could get for $40 billion: --Hire 40,000 engineers, at $100,000 apiece, for a decade --Acquire Facebook (estimated to have a market value of $15 billion), along with just about any other meaningful social networking site, including MySpace, Bebo, Hi5 and LinkedIn. There would still be enough money left over to pay some consultants to help with integration. --Spend eight times more than Google did last year to acquire traffic--and presumably make traffic more pricey for Google, to boot. --Hire 80 million workers in China to do nothing but click on Microsoft properties and related ads for 10 years. --Promise a free Big Mac to everyone who clicks on a Microsoft ad--and give away 14 trillion of 'em. Source: http://www.forbes.com/technology/20...-ebiz-cx_wt_0407msft.html?feed=rss_technology
Yahoo shares will fall now and everyone of us can buy it out, 'couse it will be soooooo cheap I think the Yahoo CEOs were really stupid not to accept the MS offer.
I don't think Google could buy a company like Yahoo. Google buys small companies, remember? YouTube was the only exception.
Yahoo will fall Monday if people believe the MS pullback is legitimate. I'm impressed with Microsoft, they know their business and stood their ground rather than buying Yahoo at an inflated price that could bring their shareholders no value.