Microsoft In Bids To Buy Yahoo
May 4, 2007 – 12:41 pmThe search industry is highly competitive and the next big move out of Microsoft could be to just go buy out Yahoo.
The New York Post reported Friday that Microsoft has asked Yahoo to enter formal negotiations for an acquisition that could be worth $50 billion. Yahoo’s market capitalization was about $38 billion on Thursday.
Microsoft, based in Redmond, Wash., had no immediate comment on the report, spokesman Lou Gellos said Friday.
The Wall Street Journal said executives of the two companies are looking at a merger or some other kind of matchup and said the talks appear to be early-stage discussions. It said the companies explored the idea of combining last year but the talks led nowhere.
Do you think this strategic acquisition will help pit them (Yahoo and Microsoft) against Google?
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5 Responses to “Microsoft In Bids To Buy Yahoo”
Yeah!
I bet google are crappin’ themselves now.
By Mike Markie on May 4, 2007
Oooooh, that’s something to look forward to!
By Joni on May 9, 2007
They have separate search engines (MSN & Yahoo search) and some other services which “duplicate”. If Microsoft buys Yahoo, would they somehow get rid of one service, or…?
By Andrew on May 19, 2007