Microsoft goes for round two
Posted May 20th, 2008 by Mihnea Boiangiu
Remember all the hype around Microsoft acquiring Yahoo? It’s back. Steve Ballmer has come with a new round of negotiations. The new deal refers only to Yahoo’s search engine along with the search marketing business. All the others groups of the company would remain in Yahoo’s yard.
This new deal seems to please Microsoft’s stockholders which were not too happy with the first one. On the other hand, Yahoo’s stockholders have put pressure on their board of directors which have not too many choices at the moment. Thus, the transaction could go as fast as we can imagine. Obviously, Microsoft would pay much under the $40+ billion full buyout. Tech Crunch editor suggested Yahoo’s board of directos could go back for the former deal, but I don’t think they want that. We shall see.
via TechCrunch
