Yahoo have turned down M$ offer, and the latter has walked away. See the full text of Balmers letter in the link. Talk is that Yahoo's share price will crash, then M$ will come back with a hostile offer - and get Yahoo cheaper. Might not be anything left for them to buy however......
3 comments:
for more implications see http://blog.searchenginewatch.com/blog/080505-095525
so how do the yahooligans view all this. Answers might be found here:
http://blog.searchenginewatch.com/blog/080505-073703
or not. as the case may be.
high fives all round?
http://blogs.guardian.co.uk/technology/2008/05/05/highfives_all_round_after_yahoo_deal_fails.html
some mistake surely? particularly from one party who shares are diving:
http://blogs.guardian.co.uk/technology/2008/05/05/yahoo_shares_down_19_by_1pm.html
not as if this wasn't preditable?
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