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Microhoo? Nope.

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Rant: Saturday, May 03, 2008 at 06:50 PM by Randy

MSNBC: Microsoft abandons bid to buy Yahoo

Wow. I mean, wow. The only other time I can think of Microsoft walking away from a proposed merger was way back, for Intuit (Quicken)... to be honest, I think it's the right move for the company, but now I have to wonder what's next for Yahoo!... I know the shareholders aren't going to take it well and given the hubbub over the Google/Yahoo! ads trial (and the DOJ's reaction to it,) I can't imagine a merger there would be allowed.

Or does Y! come back Monday morning with a "oh, alright, $33/share is enough after all"? Of course, I'd love to see Microsoft say "sorry, the offer is lower now!" *g*

The mind boggles - just as much as it did when the merger was announced in the first place.

Comments: (1)

(latest)

Posted on: May 03, 2008 at 07:18 PM by Obed

I think financially it would have been a smart move for Yahoo!. But it would have wrecked their image. Which is why I think Yahoo! was holding out in the first place. Microsoft just strikes most people as an evil monopoly. Give it another 5 years and everyone will view Google the same way. And then companies won't be so eager to be swallowed up by them either.

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