Yahoo Looking for AOL White Knight to Save it from Microsoft?
Posted by admin under: Main Feb 13
Stating that Microsoft’s $44.6 billion dollar bid “massively”undervalued the company, Yahoo rejected the offer and talk is of rekindling merger talks with AOL. Yahoo’s complaints center around the belief its online advertising will bulge to $75 billion by 2010 (from $45 billion in 2007) and that Microsoft is taking advantage of its lowest stock price since 2003 to get a deal.
Parting is such sweet sorrow.
Source: Timesonline (UK)
Painting defaced: The Princess and the Dragon (Paolo Uccello, 1450)
Technorati Tags: yahoo, microsoft, aol
Source: Yahoo Looking for AOL White Knight to Save it from Microsoft?
Wednesday, February 13th, 2008 at 3:47 am and is filed under Main. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.