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Microsoft Yahoo! acquisition deal is a no-go
04 May 2008
Microsoft has issued a press release on Saturday indicating it was walking away from the deal
It seems that Yahoo! wants $37 per share instead of $33 per share ($50 billion) as offered by Microsoft. Greedy little corporate mongers are we.
Microsoft also added a hostile takeover, was not worth it as Yahoo! would take steps to make them “undesirable as an acquisition for Microsoft” There are talks now, after this failed acquisition, there might be a possible merger between Yahoo! and AOL instead
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