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Yahoo Interested In a Microsoft Buyout, But Microsoft Isn't

Posted by Soulskill on from the baby-come-back dept.

Linux Blog writes "The Google-Yahoo advertising deal has been rejected by the Department of Justice, and Google has pulled the plug on a search-ad partnership with Yahoo that would have given Yahoo major new revenue, but that raised antitrust concerns. Now, Yahoo has said the 'For Sale' sign is still on its front lawn and that Microsoft should buy the company. The internet portal's co-founder and CEO Jerry Yang made this comment despite the fact Yahoo rejected a $33 a share offer from Microsoft back in May. What a huge loss for the share holders. Microsoft was quick to respond that their buyout efforts were a thing of the past, but left the door open to a search partnership."

1 of 174 comments (clear)

  1. Re:Wait a sec by Anonymous Coward · · Score: 5, Informative

    $14? They're at $12.20 at the time of this posting, and they hit sub-$12 in the last 24h (and have done so dozens of times).

    Some respected business analysts said they're worth more like $7.50/share (WAY over inflated P/E ratio and such).

    And now Google and MS don't even want of them anymore. They should get with AOL, it would make for the most epic FAIL ever (worst than the previous bubble burst, just by themselves)

    Thanks god I don't have any YHOO stock!

    I for one, welcome our new epic FAIL overlords.