Mergers and Hackquisitions � Adotas November 13, 2008
Posted by Mark Blei in : Uncategorized , trackbackDM CONFIDENTIAL — The results of last week’s election will keep people talking for years to come. While thousands following the results from ad:tech and the millions country-wide found themselves glued to the television well into the night, come this Monday, it was already business as usual. For the Internet world, business as usual means a variety of things – more Wu-Yi Tea, Credit Reports, Loan Modification, Nebu Ad press, and of course, the future of Yahoo. Oh Yahoo, the once and probably never future king of the Internet, still one of the most trusted names and most popular destinations but an easy target for much that can go wrong with a company. For part of this year, Yahoo found itself locked in an intense battle with Microsoft, not on the playing field battle of search dominance but an off the playing field battle where it tried to fend off Microsoft’s acquisition attempts. Yahoo wanted more, and for a while they received it from Microsoft, only for senior management to feel victorious in not accepting the at the time highest offer of around $36 dollars per share. Never mind that they trade around $11 currently.
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