Saturday, February 9, 2008

Microsoft Wants To Buy Yahoo!

I wasn't going to blog about this because I figured that it was on the news so much that everyone probably already knew about it. But today that headline was staring me in the face so I decided to post a blog entry about it.

Just in case you haven't heard - Mircosoft wants to buy Yahoo for $44 Billion Dollars! First of all this online article says that Yahoo was never even up for sale - Microsoft made them an unsolicited offer!

Here is what is also kind of surprising is that (so far) Yahoo is not selling! The article says that while Yahoo's stock is going down they are still very popular and are still generating advertising revenue.

Just because someone offers you Billions doesn't necessarily mean that you have to take it! And that's what it seems Yahoo is doing. The article goes on to say that Microsoft could still be able to buy Yahoo by going to Yahoo's board of directors.

I have often read about and seen on television stories about big takeovers but in this case - so far - Yahoo is refusing to sell.

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