Tuesday, June 30, 2010
Yahoo
Microsoft announced on May 3 it was dropping its unsolicited bid to buy Yahoo. The surprise move came after a day in which it appeared the two companies might be closing in on a price per share of Yahoo's stock between Microsoft's original $31 a share, half stock and half cash offer and Yahoo's original offer on at least $40 a share. Also, many people don’t know that Yahoo help Google get on their feet. So, Google also offer to buy Yahoo out, but they also turned them down as well. Lastly, Yahoo has recently join forces with the new search engine, Bing, and they plan on really being successful with the new support on their side. In conclusion, one expects for Yahoo to be one of the top businesses once again with all the new moves they expect to pull.
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