Your Daily Source For Miscellaneous Info
12 Apr
Microsoft has now, finally, let go of the idea they’ve tried to hold onto for 3 months. For 3 months Microsoft has been trying to buy out yahoo, stepping up its bid from $33 a share to $37 and still yahoo insisted its dying company was, and is, worth more.
Shareholders in yahoo are expressing doubts about the management of the company and shares are expected to drop as a result. Yahoo did get a slight benefit from Microsoft’s bids as investors paid more for shares, hoping for the take over.
Microsoft says that they will become Google’s competitor, although it will take longer due to this minor setback. While investors are crying, I’m fairly happy as Microsoft rarely get told no, kind of like the bully in the playground. And this first setback may be followed by many more.
Microsoft’s dominated too many markets, but then again, I’m not a fan of Google either.
Leave a reply