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  #1 (permalink)  
Old 02-01-2008, 06:49 PM
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Microsoft bid for Yahoo at $44.6 b

Microsoft bid for Yahoo at $44.6 b

The announcement came a day after Yahoo chief executive Terry Semel left the Internet firm's (yahoo) board of directors.

Microsoft said it had proposed 31 dollars per share to Yahoo's board, "representing a total equity value of approximately 44.6 billion dollars"

The offer represents a 62 percent premium above the closing price of Yahoo stock on Thursday.

Yahoo stocks are now up 8.64 (45.05%) as of 12:47pm EST
Microsoft stocks are down 2.19 (6.72%) as of 12:47 pm EST
Google stocks are down 49.34 (8.74%) as of 12:47 pm EST

Microsoft is trying to catch up to Google for search engine, which everyone trails far behind. This deal is all about the advertising market that Google holds, which Microsoft wants a better part of.
Microsoft says this merger will save the company 1 billion dollars a year.
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Old 02-02-2008, 10:58 AM
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Millions are not enough I see, they prefer talk about billions
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Old 03-04-2008, 08:06 PM
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One day they will surely be talking about trillions .
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Old 03-04-2008, 08:21 PM
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but i heard that yahoo is not selling anything to microsoft..
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Old 03-04-2008, 10:14 PM
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just think back when there was no internet. now some of the first major website are selling for this much. wish i would of invest back then when i had the chance.
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Old 03-04-2008, 11:04 PM
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Just watched some shows on the science channel about the history of the internet. A bit too fluffy, but some accurate information.

The best part is how Microsoft and Google essentially stole some of their core parts from others and got away with it.
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Old 03-04-2008, 11:23 PM
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You're the 2nd person to mention this to me today, a friend watched it last night.
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Old 03-04-2008, 11:53 PM
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Funny, I never knew what an early adopter I was.
My first comp came with IE 1.0 and netscape 1.0. I bought 2 and 3....
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Old 03-05-2008, 12:00 AM
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I still have an AOL version 1.2 DOS disk somewhere.

Wish I had bought 1000 shares when they went public. They offered all members at the time 1000 shares at $10 per share. It would be worth millions today. Sadly I was a broke student at the time.
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Old 03-05-2008, 12:21 AM
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same thing when walmart first started

Last edited by targetguy1; 03-05-2008 at 12:40 AM.
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