6 May 2008

MYahooooo...

Microsoft has withrawn its offer to buy Yahoo which incidentally or not generated a sharp fall (15%) in Yahoo stock prices. Was this a brilliant move or what? Probably thought of a long time ago by MS executives, the scenario is that probably a new, perhaps lower offer will be made before prices have a chance to recover. This new offer is likely to be more difficult to be refused by the Yahoo board. This scenario could even be repeated by a possible third offer to munch away investor confidence into the Yahoo board.
Wether this sneaky attack will be succesful or not remains to be seen, but Yahoo seems ready to be gulped by the Redmond giant tentacles.

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