How Low Can It Go?

November 19th, 2008

Is Microsoft really done with Yahoo?

Microsoft Corp. is no longer interested in buying all of Yahoo Inc., CEO Steve Ballmer said Wednesday, though he told shareholders that the company would still be “very open” to a collaboration on Internet search. His comments sent Yahoo shares diving by 14 percent.

“Let me be clear,” Ballmer said at Microsoft’s annual shareholder meeting. “We are done with all acquisition discussions with Yahoo.”

Maybe it’s just a ploy to get the price even lower so they can come in and gobble them up.

When Microsoft made their original offer, they were willing to pay $33 per share for the company. Now, it’s not even worth $10. Great move on their part rejecting all rumors that they may still be interested. They might be able to get it for $7. What do you think?

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Posted in Economics

One Response to “How Low Can It Go?”

Carpet Chandler AZ:

November 20, 2008 at 4:58 pm

This would be a great ploy by microsoft. I would love to see yahoo get eaten up by that machine, but only cause they rejected the offer that was the best option for them. Serves em right for being greedy.

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