After rejecting Microsoft’s bid, Yahoo is working with News Corp. on a possible merger. Microsoft bid $41.6M for Yahoo recently.
Speculators believe Yahoo is trying to increase the bid from Microsoft. Yahoo simply states the deal was too low. Either way, Yahoo is likely to receive more money unless a hostile takeover strategy is implemented by Microsoft.
Besides talking with News Corp., Yahoo also reportedly has explored an advertising partnership with Google. In addition, reports of a possible merger with AOL appear to be more rumor than fact, said the person familiar with News Corp. negotiations.
Tags: microsoft, news corp. and yahoo, yahoo
February 13th, 2008 at 8:04 pm
hmm.. Microsoft is getting stronger and stronger…
February 15th, 2008 at 11:48 am
I don’t get why Yahoo’s managers hate Microsoft so much. I bet nearly all of Yahoo’s shareholders were screaming after Yahoo rejected Microsoft’s offer of 66% above the original share price.
A deal with news Corp may be a nice temporary solution to get rid of Microsoft, but ultimately the only way Yahoo can have a profitable future is by joining forces with Microsoft.