Microsoft Completely Walks Away From Yahoo Deal

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fulle

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May 31, 2008
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Wait, hopes? Who would hope for a Microsoft Yahoo merger (besides shareholders), and Yahoo's bluff? What?

I don't know. It didn't seem like Yahoo wanted to play ball at all. It looked like certain Yahoo execs wanted no part of a Microsoft merger, despite the profitability, and were making efforts to make Yahoo less appealing to Microsoft when they took things to the shareholders in a hostile takeover. Why else would Yahoo propose merging with AOL, if not to fortify themselves against a hostile takeover? The shareholders would have made money off this deal, and should be pissed, but this feels like a victory for Yahoo execs to me.

Anyway, thank god. The idea of Microsoft getting their dirty hands on a company like Yahoo... made me cringe. It will be interesting what Microsoft's next merger move will be...
 
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