Microsoft Buys Yahoo
Well, at least that is what the possibilities are… In early morning reports, Microsoft rocks the market and business industry news that it is now in talks with Yahoo again on a possible buyout / merger. Microsoft and Yahoo are two of my biggest stock positions. Yahoo stock is already up over 16% today on the news. I would love to see something happen between these two companies and what they can do to complete against the 800lb Google! As reported by New York Post, "While Microsoft and Yahoo! have held informal deal talks over the years, sources say the latest approach signals an urgency on Microsoft’s part that has up until now been lacking. The new approach follows an offer Microsoft made to acquire Yahoo! a few months ago, sources said. But Yahoo! spurned the advances of the Redmond, Wash.-based software giant. Wall Street sources put a roughly $50 billion price tag on Yahoo!".
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Wow, it's possible that Microsoft could buy Yahoo, heck, anything is possible. I guess it could be a good move for Microsoft since Yahoo is such a popular search engine, etc. I for one am not going to believe any of this until these companies start making public announcements or something.
I can't even imagine that deal. I wonder what sort of competition they would be for Google even with that deal.
I'd like to see some sort of merger/takeover to see if they can have a proper battle with google, but not sure if it would really be the best thing for the market to drop down to only 2 major search engines.
Quite a weird coincidence though as only last night I was thinking that investing in yahoo could be a good move as they are likely to gain ground on google or be taken over.
Same here… yesterday I was looking at how Yahoo had dropped off over the past couple weeks and was looking to pick up some more shares… too late.
If that happens it will be a very long process.
That is just crazy!! I can't imagine what will happen if this happens. I'm wondering what will happen to Google if this happens, how much of the market will be lost.
As of stocks. I remember right when Google was announcing to go public, and shares were around $80-90. I remember as if it were yesterday telling my dad to put all our savings in Google stock, and he said no it's to risky. Look at it now :(. I was a freshman in High School at the time, so I didn't have any say really on what I or my parents wanted to do. Oh well, I guess you live life to take risks, and if you happen to capitalize on the right risk you'll live to tell about it.
Still sitting on my Google shares I picked up at $170. Seemed crazy at that time to pay that much per share… not as crazy as $450 a share now! Where to next…
It would definitely be interesting seeing these two strengthen their position against Google, however surely then we will be stuck with a duopoly which can't be in the best interests of consumers?
– Martin Reed
duopoly?
There are lots of other search engines like Ask.com.
seems to be the talk, but its just kicking up dust, they've been negotiating for years now