Microsoft Makes $42B Bid for Yahoo
February 4, 2008 at 6:55 pm | In Acquisition, Google, IT, Information Technology, Media, Microsoft, Search Engine, Web, Web 2.0, Yahoo | Leave a CommentUnable to topple Google Inc. on its own, Microsoft Corp. is trying to force crippled rival Yahoo Inc. into a shotgun marriage, with a wager worth nearly $42 billion that the two companies together will have a better chance of tackling the Internet search leader.
Microsoft’s audacious attempt to buy Yahoo, spelled out in an unsolicited offer announced Friday, shows just how much Google threatens the world’s largest software maker’s grip on how people interact with computers.
For Yahoo, the bid represents another painful reminder of how missed opportunities and mismanagement combined to open the door for Google to supplant it as the Internet’s main gateway, decimating its stock price in the process.
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