Good choice, Yahoo. I would of though sell the company back then for 44.6 bil. |
Interesting movements:
"Microsoft's proposal made Friday to purchase Yahoo's search business was actually the idea of Yahoo Chairman Roy Bostock, and Yahoo has publicly "mischaracterized" the discussion surrounding the proposal, Microsoft said Monday.
In a statement, Microsoft claims that on Thursday, July 10, Bostock called the office of Microsoft CEO Steve Ballmer to arrange a call, on which he told Ballmer that "with substantial guarantees on the table and an increase in the TAC (traffic acquisition cost) rate, there are the pillars of a search-only deal to be done.""
http://www.networkworld.com/news/2008/071408-microsoft-search-only-deal-was-bostocks.html
And Microsoft' official statement: http://www.microsoft.com/Presspass/press/2008/jul08/07-14statement.mspx |