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Microsoft offers $44.6 Billion for Yahoo |
BobaFett
Joined: Jan 06, 2004
Posts: > 500
From: Kamino (wish it would be Lund)
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"Microsoft just announced what has been rumored forever: a formal offer for Yahoo. Microsoft's proposal to Yahoo's board of directors represents $31 per share (a 62% premium over yesterday's closing price) or about $44.6 Billion. Steve Ballmer, CEO and big fan of developers, says, "We have great respect for Yahoo!, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market." Apparently, the deal was laid out in a letter sent by Ballmer to Yahoo's board just yesterday. Seriously. The letter confirms that the two giants have been discussing the topic since late 2006. It also appears to be a direct response to the Google threat as outlined in the following paragraph:
"Today, the market is increasingly dominated by one player who is consolidating its dominance through acquisition. Together, Microsoft and Yahoo! can offer a credible alternative for consumers, advertisers, and publishers."
The deal, of course, rests with the two coming to a "merger agreement" and Microsoft (and Yahoo to a limited degree) having the time to conduct the required due diligence. Microsoft is ready to begin immediate discussions and have a draft merger agreement ready for consideration. So Yahoo, ball's in your court. The world is wondering... what will you do?"
http://www.engadget.com/2008/[....]offers-44-6-billion-for-yahoo/
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*Jojo*
Joined: Oct 15, 2003
Posts: > 500
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How many peeps OWNS Yahoo  I mean, that's a LOOOOOOT of money to take as an OFFER  If that amount will be placed in a BANK, I don't even think the principal amount deposited will BE consumed even if you are a BIG-spender  Interest EARNED will suffice enough to buy you ANYTHING you want on a weekly basis 
I wonder who will buy - Hotmail/MSN now 
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DarkKrypt
Joined: May 15, 2007
Posts: > 500
From: Melbourne,Australia
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Eh and MEH!
Google FTW! 
couldnt care less ive never used yahoo ever; its been altavista before and now its google..
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[ This Message was edited by: DarkKrypt on 2008-02-02 07:19 ] |
QVGA
Joined: May 23, 2006
Posts: > 500
From: Pakistan
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MS will do anything to take down Google, which obviously will never happen.
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Twometre
Joined: May 12, 2007
Posts: > 500
From: Manzini, Swaziland
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On 2008-02-02 09:44:18, QVGA wrote:
MS will do anything to take down Google, which obviously will never happen.
We may never know but as I see it too, Google os the best. As for who owns that site, Iam sure he is striking it rich
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BobaFett
Joined: Jan 06, 2004
Posts: > 500
From: Kamino (wish it would be Lund)
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http://www.engadget.com/2008/[....]ions-microsofts-bid-for-yahoo/
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djtwistter
Joined: Aug 22, 2006
Posts: > 500
From: UK
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On 2008-02-02 09:44:18, QVGA wrote:
MS will do anything to take down Google, which obviously will never happen.
how can you be soo sure money can buy anything
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Posted: 2008-02-01 13:13
