Friday, February 1st, 2008
Microsoft! Really! Wants! Yahoo!
Wow, you know a company is desparate to acquire into a space when they’re paying 60% plus premiums… there goes a MySQL and Linux user…
Microsoft said Friday it has offered to acquire Yahoo in a proposed cash and stock deal valued at $44.6 billion.
Microsoft said it had offered to buy Yahoo for $31 per share, which it said represented a 62 percent premium above the company’s closing stock price on Nasdaq on Thursday.
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February 1st, 2008 at 10:00 am
Luis Villa said:
What kills me is that hours after their conference call I told someone that this would be a great time to acquire yahoo on the off chance that the lowered value convinced everyone that the MS acquisition was a good idea.
[Can't help but think that another motivation is that we'll likely have a Democrat DOJ in a year, which would be much less likely to approve the acquisition.]
February 2nd, 2008 at 9:22 am
Vadim P. said:
The business aspect meets the fluffy aspect of open-source.
This is going to be ugly!
February 3rd, 2008 at 12:31 pm
md said:
This should be fun – I’m a bit surprised at the DOJs reaction, but I keep thinking of all those Linux servers Microsoft will own and just laugh…