Microsoft abandons bid for Yahoo.
Source: http://stockweb.blogspot.com/2008/05/microsoft-abandons-bid-for-yahoo.htmlPosted on Sunday, May 4th, 2008 | In Current Market News, Europe, Exchange Traded Funds, Stocks to Watch
Finally Microsoft (MSFT) stepped back from acquisition discussion with Yahoo (YHOO). The price $37 per share was just too much.
Who is winner and who is looser?
Microsoft will not have additional complications to fulfill dividends plan to its shareholders. They will be focused on their core software business. But Internet business, it is still lost game for Microsoft.
Yahoo continues talks about partnership with Google (GOOG). And maybe there is potential deal with AOL (TWX) or News Corporation (NWS). Definitely Yahoo shares will be under selling pressure on Monday. Last quarter nothing exciting and company is loosing market share against its rival Google.
Google is winning the game. Still there is not any other power to cut their market share.
Last 5 posts by Vlada Kynsky
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 About Vlada Kynsky (http://stockweb.blogspot.com/)
Vlada Kynsky studied economics and gained work experience as SAP analyst in information technology. His origin is in Czech Republic but due to different work assignments lived in many European countries. He explores mainly emerging markets. In his research he focuses on ETF and international stocks. Another area of interest are technology stocks. |
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