Takeaways from busted Microsoft-Yahoo deal

Iria · May 6, 2008, 01:42 AM

Microsoft's three-month quest for Yahoo came to a close Saturday as the software giant withdrew its multibillion-dollar bid for the Internet portal, confounding industry observers. They had placed bets on two other scenarios: a friendly merger between the tech titans at a higher price than the $31 per share Microsoft had originally offered, or a hostile takeover from Microsoft. Here's what happened — and what's next.
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Source: MSNBC

May 6, 2008, 01:42 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 87	Takeaways from busted Microsoft-Yahoo deal Microsoft's three-month quest for Yahoo came to a close Saturday as the software giant withdrew its multibillion-dollar bid for the Internet portal, confounding industry observers. They had placed bets on two other scenarios: a friendly merger between the tech titans at a higher price than the $31 per share Microsoft had originally offered, or a hostile takeover from Microsoft. Here's what happened — and what's next. _______ Source: MSNBC