Microsoft Corp. is offering $44.6 billion in cash and stock for search engine operator Yahoo Inc. in a move to boost its competitive position in the online services market.
The unexpected announcement Friday comes as Microsoft, the world's biggest software company, seeks new ways to compete more effectively against the search and online advertising powerhouse Google Inc.
News source: MSNBC NEWS
The unexpected announcement Friday comes as Microsoft, the world's biggest software company, seeks new ways to compete more effectively against the search and online advertising powerhouse Google Inc.
News source: MSNBC NEWS
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But they can gain little more after they buy yahoo...
But they can gain little more after they buy yahoo...
At least so they hope. It's a bet though. It may not bear much fruit too, for example if they still fail building a Google competitor, on the other hand.
That's WAAAAY too much money for Yahoo.
+1. This was my biggest worry when I heard the announcement.
As far as the price they are paying, why do any of you care? It's Microsoft's money and the yahoo shareholders are going to benefit the most from this high price. And a lot of mutual funds will probably benefit a little bit too.
Sell Sell Sell!!
How many money trucks would that take walking into yahoo.... *thinks*
Should be intresting... MS will then own 2 of the 3 main search engines...
http://finance.yahoo.com/q?s=YHOO Yahoo shares already start to climb (29.43 Up 10.25 (53.44%) )
Last edited by brent3000 on 01 Feb 2008 - 13:50
When talking billions, you don't round off figures to "make it simple". Rounding 44.6 to 45 would be giving away an extra $400,000,000. Thats a lot of money to give up to just "make it simple".
That said, part of me really wants to see this deal go through as it would have an interesting effect on the market. The other part of me thinks this would put too much power in Microsofts hands and that can't be a good thing. I would rather Google buy Yahoo.
I don't want even larger mergers here.
I'm afraid Flickr will die and we'd get a browser incompatible Siverlight "enhanced" Windows Live Photo Gallery 2010 instead. Argh. This makes me a bit nervous.
RIP Yahoo, we hardly knew you.
RIP Yahoo, we hardly knew you.
You must be young.... back a few years ago when we wanted fake pictures of Christina Applegate we only had 1 place to look... Yahoo
We been expecting that for over a year!
I want a grand piano, lets send bill an email. lol.
How do you turn down that kind of money?
-Spenser
No, really I enjoy the Microsoft bashers. They make me laugh.
The EU has already stolen cash from Microsoft what more do you want?
http://www.forbes.com/feeds/ap/2008/02/01/ap4603941.html
Hopefully the FTC will block this, but I doubt it.
If MS buys Yahoo, I'm canceling my Yahoo accounts.
You must work for Microsoft, because just about everyone else see this for what it is, and what it will end up being. It's a blatant attempt to seize control of the Internet, and it will end up being a complete waste of money, time, and a perfectly good url, because MS will wreck it just like they wrecked Hotmail, MSN, and pretty much anything they lay hands on these days. Live is a bust, Vista is a bust, and they can't seem to understand that their heavy-handed methods just flat do not work.
Let's hope the DOJ doesn't allow this; and if they do, I'll be swapping my email to gmail.
And what will Google's next move be?
i think this will benefit the search engines more than anything else.
to all MS bashers: lol
MS 'expansion' should be halted, with them being told just to concentrate on properly maintaining their current business.
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