My last month's post (Jan 14th) "Microsoft+Yahoo>Google" - the billion dollar question - where I had written about Microsoft's interest in Yahoo, seems to be getting closer to reality. With today's announcement of Microsoft's offer of $45 Bn to yahoo, where at one end Yahoo stocks rose by 60% during the day, Google's dropped. This, in spite of the fact that Google showed 17% growth in Q4, its stock price went down by 7%. As a side note: Q3 profit for Google was 46%. Wall Street is benchmarking Google against Google :)
Anyways, it will be an interesting development and many equations will change if the Microsoft-Yahoo deal gets finalized. It is worth the wait to see what happens next - I surely am watchful.
In my previous post, I had mentioned and I repeat "But, at $45 billion, is this game worth playing?"
These are some related interesting read, that adds different perspectives to the deal:
CBS News
M&A and the Anti-trust
How it Helps Google - Information Week
80% odds that deal will be successful
India Connection
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