Sunday, February 3, 2008

Microsoft bids for Yahoo

Microsoft made a big take over yahoo for 44.6billion USD on friday.

Yahoo was struggling, they couldnt compete with Google in the last 2-3 years and they will be happy to hand it over to MS for 31$ which is around 60% more than the current stock price.

As for as MS concerned, i feel they missed the bus against google, happily slept over in a bus stand for 2 years and suddenly they woke up a-la Rip Van Winkle style to take over Yahoo. Its simply too late. Their talk of "monopoly" is stupid to say the least.

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