Yahoo to Microsoft - Yes, No... YES again

Few months before during the summer time, I read the news that Microsoft offered Yahoo to buy the company for $33/- a share. But Yahoo rejected it saying that Microsoft under estimated them. I closely followed the news even after few weeks. Some of the board members from Yahoo have quit the job saying that they didn't accept the good offer from Microsoft.

Later, Yahoo made tie-up with Google for the search engine service. I saw the changes on the yahoo search features. They brought the same concept as Google search engine i.e., pay per click for the text ads.

Today, 6th November 2008, with all this credit crunch happening in the world globally.. Google has broken the bond with Yahoo and now Yahoo closed its share value less than $14/- per share (Source: BBC). Now there's no option for Yahoo, other than selling its share to Microsoft. "Mr. Yang (Yahoo) said that the company is for sale at the right price"

Sad news but no option for Yahoo other than selling their company to Microsoft which is a good news for Microsoft. But what is the share price for Yahoo now? will it be the same $33/- per share ? I don't think so......

I am sure that Microsoft will be hoping to increase their Internet marketing to gain more revenue....

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