After all microsoft can’t beat Goooooooooogle
That’s it and millions darling company microsoft fails to acquire yahoo,the biggest ever online portal in the world. What made the bid fail, as many says that share prices between the two were not negotiable. As reports says that yahoo earlier claimed for USD 57 billion in return of a offer of USD 47.5 billion by microsoft.Originally, the software giant had offered USD 44.6 billion or USD 31 a share but raised the offer as the negotiations proceeded. The CEO of Microsoft, Mr Balmer said,
“We continue to believe that our proposed acquisition made sense for Microsoft, Yahoo and the market as a whole,” Ballmer said in the letter posted on the Microsoft website.”
“In the letter, addressed to Yahoo CEO Jerry Yang, Ballmer said that in conversations earlier in the week “we conveyed our willingness to raise our offer to 33 dollars per share, reflecting again our belief in this collective opportunity.
This increase would have added approximately another five billion dollars of value to your shareholders, compared to the current value of our initial offer. It also would have reflected a premium of over 70 percent compared to the price at which your stock closed on January 31. Yet it has proven insufficient, as your final position insisted on Microsoft paying yet another five billion dollars or more, or at least another four dollars per share above our 33 dollars offer.”
But could that have been a successful even if microsoft would have got to yahoo? I think a big no.Beating Google at this stage is merely impossible. Also whatever microsoft takes over turns out to be a blunder for them. Hotmail is a great example. Also yahoo would have lost their reputation in the internet market as it has now. What makes google lead is the way they play their game. Silent and productive and innovative.. Thats why it is Goooooooooogle !!!! Googles Operating system could be a next planned attack on Microsft..
