Yahoo in Play
February 1, 2008
Yahoo Takeover
Microsoft has just offered Yahoo stock holders $31 a share in what must now be characterized as a takeover rather then an acquisition. Yesterday Yahoo’s share price closed at $19.18, so it appears that this is going to be a knockout rather then a long drawn out fight.
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 – Steve Ballmer
Well Steve I can tell you the feeling isn’t mutual and some of the best talent at Yahoo are going to run to Google, Facebook, or begin their own start-up with the money you have given them.
