Archive for May, 2008
Was He Right?
Monday, May 5th, 2008From Michael Liedtke at the Associated Press
SAN FRANCISCO - Yahoo Inc. Chief Executive Jerry Yang has gotten what he wanted: a chance to prove his company is worth more than the $47.5 billion that Microsoft Corp. offered to buy the Internet pioneer.
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It will be a daunting challenge, as Yang will be pointedly reminded […]
And the winner is…
Monday, May 5th, 2008From Alison Swersky at the BBC:
Microsoft wants to buy Yahoo in what analysts regard as a response to the seemingly unstoppable rise of Google.
The emergence of Google has been staggering for observers and threatening for established players in every market it has entered.
Microsoft’s response could level the playing field.
“This consolidates the marketplace down to […]
Who is the Loser?
Sunday, May 4th, 2008From Tim Weber at the BBC:
So who is the loser then, now that Microsoft has withdrawn its takeover bid for rival Yahoo?
On the face of it, both companies are. After all, who can tackle the Google behemoth bestriding the world wide web? However, that assumes that the combination of Microsoft’s and Yahoo’s DNA would […]
Microsoft walks away from Yahoo
Sunday, May 4th, 2008From The BBC:
Software giant Microsoft has dropped its three-month-old bid to buy internet firm Yahoo because the two sides cannot agree on an acceptable sale price.
Microsoft chief executive Steve Ballmer formally withdrew the offer in a letter to Yahoo chief executive Jerry Yang.
Mr Ballmer said Microsoft had raised its original offer from $44.6bn to $47.5bn […]
