Feb 02
Yahoo. Is it really worth $ 44.6 Billion?
Yesterday, 1st of February, CEO Steve Ballmer made the offer in a letter to Yahoo’s board of directors. “By combining the assets of Microsoft and Yahoo, we can offer a more competitive choice for consumers, advertisers and publishers,” he said. Microsoft wants to move this way as the online advertising market is dominated by one player, and the merge between Microsoft and Yahoo would offer a more competitive alternative.
Yahoo directors replied that they will carefully review Microsoft’s proposal. Microsoft even wants to pay Yahoo’s engineers not to leave the company after the possible merge. But many may do so, as their projects could be sent to trash. “If Microsoft were to seek a more integrated company [with Yahoo], certain products or brands would be favored and others discontinued,” Sterling said.
This merge could get very interesting, no? I mean, what would be the name? Can you figure one? There’s definitely tons of comments for this one, so don’t be shy.
Cheers!
February 2nd, 2008 at 6:39 pm
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February 14th, 2008 at 12:35 am
So things here are getting spicy. Yahoo turned down Microsoft, which has replied that they will pursue in their quest so that Yahoo shareholders realize the benefits of such a merge.
http://biz.yahoo.com/prnews/080211/aqm241.html
“The Yahoo response does not change our belief in the strategic and financial merits of our proposal. As we have said previously, Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!’s shareholders are provided with the opportunity to realize the value inherent in our proposal,” Microsoft said in their statement.
Yahoo could really use a revamp as Yahoo’s share price dropped by over half, from $43.21 on January 6, 2006, to $19.05 on January 30, 2008.
March 7th, 2008 at 8:54 pm
Very interesting thoughts regarding Yahoo. Is it really worth $ 44.6 Billion?.
[no spam please]
March 7th, 2008 at 10:02 pm
Well, the offer was about 60% bigger than Yahoo is really worth, if I am not mistaken.