Filed under: Deals, Competitive strategy, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), News Corp’B’ (NWS)
It looks like we have now entered the when, not if, stage of Microsoft Corp. (NASDAQ: MSFT) acquiring Yahoo Inc. (NASDAQ: YHOO) and we will soon be saying good-bye to the Yahoo we know for something else.
You will find this splattered across the web today: Microsoft presents its vision of a combined company to Yahoo executives in what appears to be the first meeting since Microsoft made its unsolicited offer for Yahoo, reports The Wall Street Journal [subscription required].
On January 31, 2008, a buyout offer of $44.6 billion was made by the software giant to combine forces with Yahoo!, against the supposedly next evil empire, Google Inc. (NASDAQ: GOOG).
Google has stolen Yahoo’s thunder, and try as it might, Yahoo has not been able to get it back. Its stock has stagnated. Even as GOOG shareholders have watched their stock plummet some 40% this year, Google is still the current web star when it comes to search and advertising revenue. Microsoft hopes to steal this mantle by combining MSN with Yahoo.
Continue reading Bye bye Yahoo!, it was nice knowing you
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