
It seems that the tale of the tub has finally ended with Yahoo rejecting Microsoft’s offer of $44.6 billion at the end of the humongous affair that carried on for the past couple of weeks. The unsolicited bid was finally turned down by Yahoo and the status quo has again been preserved with Yahoo continuing to pose as a dominant competitor in the market of networking business.
The speculation concerning the fate of competition in view of the Yahoo and Microsoft’s merger has been mollified by this as it has again become evident that Yahoo is not willing to bend down on its knees in the face of adversity even if its is concerning a temptation of billions of dollars.
Although in view of the statements made by Yahoo’s Board of Directors suggested that the bid did not matched up to Yahoo’s expectations but did not hinted on a value for the same. In lieu of this it was communicated that Yahoo’s turning down the offer was a step towards maximizing the profits for the investments in Yahoo by its stockholders. It also seems willing to stand again in the emerging industrial market and competitive environment.
But it is yet not known if Microsoft will continue to brace itself up in this protracted struggle to acquire Yahoo. But it is also speculated that Microsoft will be taking steps to increase the bid value to $5 billion and increase the share value to $40 per share, but it still very unprecedented. Acquiring a titan of the business world does not seem to be an easy affair; rather it will take another titan like Microsoft to merge with a rival competitor on a much bigger scale than the present stipulated bid. In the face of this it is about time that another gargantuan bid will definitely accomplish the task of acquiring Yahoo. The only thing it is to see is when and who will do this
Source: USA Today




Comments
Ultimately, Yahoo will go to M$.
IS RUPERT MURDOCH BETTER THAN BILL GATES? YAHOO! STANDS TO GAIN FROM BEING WITH MICROSOFT BECAUSE OF GOOGLE BEING THE NO. 1 ENEMY. HOW WILL MURDOCH HELP YAHOO!? WITH MORE MONEY? MICROSOFT WILL RAISE ITS BID OFFER.
After all, yahoo is the biggest competitor of Google than Microsoft.