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View Full Version : Microsoft's Failed Yahoo Bid


megri
05-06-2008, 02:47 AM
Microsoft Corp.'s decision to drop its pursuit of Yahoo! Inc. increases the pressure on Chief Executive Officer Steve Ballmer to make his money-losing Internet business succeed against Google Inc.
Ballmer's bid for Yahoo, the most-visited Web site, signaled that Microsoft was making little progress against Google in Internet search advertising, said Charles Di Bona, a Sanford C. Bernstein analyst. Ballmer withdrew his bid over the weekend after Yahoo refused a sweetened offer of almost $50 billion, leaving investors asking what his online strategy will be.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aFFqqeObxJDM&refer=home

sweetfranky
12-31-2009, 10:34 AM
I'm Glad this happened, I really hope Yahoo goes backrupt in the next few years.

eventcrasher
01-29-2010, 09:07 AM
nice information.


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