Microsoft Corp. has made unsolicited offer to takeover Yahoo with US$ 44.6 Billion (US$ 31 per share). As referenced from http://biz.yahoo.com/ap/080201/microsoft_yahoo.html the offer to challenge Google was made on Thursday and announced Friday. If Yahoo agrees with the offer then it will be a biggest take over in In Microsoft’s history.In a statement, Yahoo said that it will carefully and promptly study Microsoft Bid.
Microsoft views Yahoo as a chance to battle Google’s dominance in online search and advertisement. In a conference call Steve Ballmer said that he won’t take no for answer. “This is a decision we have — and I have — thought long and hard about,” Ballmer said. “We are confident it’s the right path for Microsoft and Yahoo.”
My Comment:
First SAP acquired Business Object (vendor of Crystal Report) then Sun acquired Mysql and now Microsoft is trying to get Yahoo!. What’s next?
