Microsoft’s hostile takeover bid !
Microsoft has offered $50 billion for Yahoo! as it failed to match Google’s success and also as a means to counter Google-DoubleClick deal. I just feel that Microsoft is frustrated because it failed to become the numero uno of the internet. Has Microsoft finally realised that it cannot make it big on its own ? is it because Yahoo and Microsoft have fallen behind Google in the race to capture online advertising dollars.
I am sure the Anti Trust lobby will have a word or two regarding this deal, if it goes through.
What is your take on the whole episode ?
It would have been bad in my opinion, but now it seems like Yahoo rejects it according to Wall Street Journal.
Yahoo rejected it but Microsoft says it’s not over. Hope it is though.