microsoft pulled yahoo bid
As I’m doing some work online I hear in the other room on the TV that microsoft pulled the offer for yahoo. Jerry Yang doesn’t want to sell this cheap and says the stock is worth much more money. I also heard that microsoft at first threatened a hostile takeover but has said they wouldnt do this. This is what excutive of microsoft had to say about this whole thing.
We continue to believe that our proposed acquisition made sense for Microsoft, Yahoo! and the market as a whole. Our goal in pursuing a combination with Yahoo! was to provide greater choice and innovation in the marketplace and create real value for our respective stockholders and employees.”
I recently have gotten into pay per click with google. I haven’t got into yahoo search or msn search. I do know that both of them dont have nearly the traffic google does. Microsoft trails but but I have heard that msn traffic is really good. It’s just hard to get enough of it to make any decent profits.