In a long battle and now a victory, Microsoft will try to gain market share in the search business, the reality is finally here!
CEO – Steve Ballmer confirmed the purchase Tuesday at 10:49 PM PST for an estimated cost of 39 billion dollars. This is a far cry from the original offer of 44 billion. I guess it pays to wait for the perfect time to swoop in and take the bull by the horns.
Carl Icahn told the board to stop avoiding the issue and publicly offer to sell the company to Microsoft for $34.375 a share. It looks like Carl lost out on this deal.
I strongly think that both Microsoft and Yahoo need each other. Yahoo has sat on their hands for the last 3 to 4 years while Google has made major strides, with many great features for its fan base.
Microsoft has a lot of catching up as Google is now the #1 ranked web company according to Alexa.com.
Google has developed a lot of tools “us internet users” can use to improve our internet experience.