Microsoft bids $31 a share for Yahoo. In months past, they were a rumored suitor... at much higher prices. Semel also stepped down from the board. I doubt Yahoo goes to the first bid. It's a valuable media property with a stagnant market share. There have to be other parties interested in it.
Though fundamentals stink, the stock is going to have a bid underneath and I would be shocked if investors don't speculate about other suitors or even a sweeter Microsoft bid.
Friday, February 1, 2008
First takeover bid for Yahoo
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Neither MS nor Yahoo! have the mgmt to make the merger work. Maybe Facebook or Amazon should buy Yahoo! and MSN together. It's all about the ad biz (monetization) w/ search to support that and email (because it's the biggest, stickiest part of both services). If Facebook or Amazon had those components (currently missing from both their businesses), w/ their management acumen, maybe they could take on Google.
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