19 Nov
Google and Yahoo deal off
“After four months of review, including discussions of various possible changes to the agreement, it’s clear that government regulators and some advertisers continue to have concerns about the agreement” – So Google won’t get it’s 90% share of the search market. Boo Hoo. Real question is – what does Yahoo do now? Yahoo would have made $800M from the deal… Worse, it recently rejected a $47.5 Billion buy out from microsoft at $31 a share, now Yahoo shares are worth only $10. Whilst I’m not sure what Yahoo should do, If i was microsoft, I’d go back to Yahoo with a second offer…
