Microsoft wants Yahoo

Posted by Hunee | 2/03/2008 10:19:00 AM | , | 0 comments »

Now here's another story for a possible billion purchase of one giant company, Microsoft.

Yahoo was the first search engine that I love. When Yahoo said that they have to spend $300 million this year just to revive the company, Microsoft wrote the board and offered
62% above Yahoo's closing share price. Microsoft's Kevin Johnson said that the combination will better compete Google.

At Yahoo, there had been a lot of executive quiting their position and there had been an announcement of the intention to lay-off 1,000 staff as part of the company's restructuring plan. With Yahoo shares going down, it will definitely have to study Microsoft's offer in a close door meeting.

If this happens, what can be its name?

Here's more of the story. Microsoft wants to purchase Yahoo.