Microsoft and Yahoo End Talks For Good
Jun 13th, 2008 by Shaun Carter
I applaud Microsoft for standing firm on their earlier announcement that they would not continue negotiating with Yahoo after their offer deadline had passed. Jerry Yang’s own ego got in the way of what was in the best interest of the shareholders and his days at Yahoo are surely numbered, despite the fact he is a company founder.
Yahoo is now at the mercy of a proposed deal with Google that will further cannibalize their own business. Obviously the news is good for Google as it will increase their share of the Internet search market, provided the deal will pass regulatory approval. But it is very unusual that a company would seek out a competitor to essentially bid out on the job of providing their core service. It would be like Buy.com becoming an Amazon.com affiliate rather than selling it’s own goods.
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