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Yahoo, AOL, News Corp., Google... they're all talking
Over the weekend, Microsoft finally decided to walk away from Yahoo. Forty-seven billion dollars was the latest offer Microsoft had put on the table, and Yahoo said no, again. Now, we have a number of possible future scenarios. Some say Microsoft's walking away is just another negotiating tactic, and with Yahoo shares going down more than 17 percent in Europe, the tactic might be working. The Times of London is reporting that AOL has approached Microsoft about a possible tie up. Yahoo on the other hand, might be looking to seal a search ad pact with Google that is facing some antitrust obstacles. At the same time it continues talks with News Corporation and with AOL. In other words, everyone is talking to everyone and anything is possible. One thing is for sure, if Yahoo's shares take a beating today, there are going to be some angry shareholders out there.
Posted by Lori Stassi on May 5, 2008 2:36 AM PT | Permalink
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