Microsoft bids 45 billion to buy Yahoo!

February 2, 2008

gatesMicrosoft said it has offered to buy Yahoo for $44.6 billion in cash and stock, seeking to join forces against Google. For the complete story go to Reuters.SAN FRANCISCO/NEW YORK (Reuters) - Microsoft Corp made a bid to buy Yahoo Inc for $44.6 billion, seeking to join forces against Google Inc in what would be the biggest Internet deal since the Time Warner- AOL merger. In its boldest-ever acquisition move, Microsoft sent a letter to Yahoo’s board on Thursday night to offer $31 per share in cash and stock, a 62 percent premium over the Internet media company’s Nasdaq closing stock price that day.

But critics say Microsoft and Yahoo have very different corporate cultures and worry about a clash like the one that marred AOL’s $182 billion purchase of Time Warner Inc in 2001, which is seen as the worst merger in recent history, with many of the promised synergies never materializing.

I think if the buyout is successful that it will be the best merger in the history of mergers, AND really give Google the competition they have always avoided. Time to step up Google. Do you think if the buyout is successful that Google will be affected in any way?

Written by Brett · Filed Under Marketing 

Comments

One Response to “Microsoft bids 45 billion to buy Yahoo!”

  1. Icecrums on February 2nd, 2008 2:48 pm

    in a way i think you are right….if it is sucessfull it will probably reduce redundant products and allow for better user experince(hopefully the’ll eliminate a lot of Live products)…

    for now, i am still a google-apple fan! lol

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