I got stuck in traffic this morning, so I was already feeling a bit rushed when I logged in, but I didn’t expect to see this news pop up on my screen today.
Microsoft Corp. has apparently made an unsolicited $44.6 billion offer for Yahoo! Inc. in a bid to challenge Google Inc.'s dominance in all things Internet, specifically search and advertising.
Microsoft Corp. has apparently made an unsolicited $44.6 billion offer for Yahoo! Inc. in a bid to challenge Google Inc.'s dominance in all things Internet, specifically search and advertising.
The offer of $31 a share in cash or Microsoft stock constitutes a greater than 60% premium over Yahoo's closing price January 31.
Back in May I reported on the possibility. At the time, speculation called for a nearly $50 B price tag.
Obviously we will have more on this as the story develops.
Stay tuned…
Technorati
Del.icio.us
Slashdot
Digg
twitter
For my perspectives on who else is on Microsoft's competitive radar screen, see: http://blog.tmcnet.com/the-hyperconnected-enterprise/ "