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If Yahoo agrees to Microsoft's proposed takeover, the two companies will have a lot of duplicate services to either integrate or eliminate.
The tricky thing about describing stock prices is that they change as you write. They'll likely have changed even more by the time you come across this article. Still, for owners of Yahoo's stock, that's a good thing, because it's absolutely skyrocketing right now.
Generally speaking, stories about Yahoo don't have many exclamation marks - we've learned to drop 'em from the company's name. Exclamation marks are appearing all over the place, however, following the exciting news of Microsoft's acquisition offer.
These are live notes from the Microsoft press conference announcing their offer to purchase Yahoo.Microsoft CEO Steve Ballmer:>> We see this announcement as significant. This is a milestone for Microsoft's Online ventures.>> Last night I called Jerry Yang to discuss the proposal. I think Yahoo should be excited about this offer.>> There are now several steps we will both need to take to move this…
Ballmer said the offer is a great opportunity for Yahoo employees.Making it public today allows everyone to consider the merits of the offer.Kevin Johnson speaking now: discussing MS gains in online advertising and other products, touting necessary investment and other dynamics.He cited one company as the dominant player. Doesn't name names. I think I can guess this one.KJ discussing synergies in various areas like mobile.…
The world's top software company could boost its online presence dramatically if Yahoo accepts a $44.6 billion bid to be purchased.
