How could this week be complete without a Microsoft Yahoo post? I haven't posted about this yet but it seems pretty obvious. Microsoft had offered $47.5 billion to buy Yahoo Inc., but scrapped the bid late Saturday after they could not agree on a sale price. Yahoo!'s stock popped pretty big the last couple weeks as investors anticipated the deal would go through.
Unfortunately Yahoo! fought off the bid, Microsoft backed out, and the stock tanked 15% today. The news broke Sunday and bloggers were going cRazy. At one point @Scobleizer noticed that the ENTIRE TechMeme was nothing but Microsoft/Yahoo Articles.
The best coverage by far has been over at TechCrunch. So if you are interested in more details on this event, go here.
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How could this week be complete without a Microsoft Yahoo post? I haven't posted about this yet but it seems pretty obvious. Microsoft had offered $47.5 billion to buy Yahoo Inc., but scrapped the bid late Saturday after they could not agree on a sale price. Yahoo!'s stock popped pretty big the last couple weeks as investors anticipated the deal would go through.
