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Published: Sat, 14 June 2008, 06:04, also tagged: business, technology, msft, internet, microsoft, search, google, yahoo, advertising, goog, money, yhoo
Negotiations between Microsoft and Yahoo! are now finally over and now Yahoo! has stepping into bed with Google in an advertising partnership.
Not only did Yahoo! sabotage the original Microsoft acquisition bid (by creating an unattractive severance plan for staff and being suggestive of an advertising deal with Google) they also turned down a new deal that would see Microsoft purchasing $8 Billion of Yahoo! stock at $35 per share and purchase Yahoo!’s search and advertising businesses for $1 Billion with partnership with Yahoo! which would see them see improved returns on advertising supplied by Microsoft.
The original bid by Microsoft was very generous, the last one, not so much.
Published: Sun, 4 May 2008, 10:02, also tagged: business, technology, msft, internet, microsoft, search, google, yahoo, steve ballmer, goog, yhoo
As I predicted in an earlier post Microsoft has retracted its acquisition bid of Yahoo.
From my understanding Yahoo poisoned the deal by testing an advertising partnership with Google and asking for an acquisition on a suggest share price which overvalues the company.
The only immediate winner in this is Google.
Published: Thu, 1 May 2008, 10:16, also tagged: business, technology, msft, internet, microsoft, yahoo, yhoo
Microsoft through the WSJ has leaked that they are to up their per share bid of Yahoo to $33 from the initial $31.
The increased bid is likely a result of a poor financial quarter by Microsoft which lowered its stock value therefore devaluing the deal due to the bid being a cash-and-stock offer.
I'm curious now as what will happen. Originally I thought Yahoo would push their position to the edge but agree on a deal in the end. Now I have a feeling Microsoft will have go hostile or the deal won’t happen at all. Mark Mahaney, Citigroup’s Internet Analyst , still gives the deal a 90% chance of completing one way or another.