MICROSOFT PROPOSES TO BUY YAHOO!
Microsoft announced its intention to buy Yahoo! search engine offering the incredible amount of approximately $44.6 billion, or $31 per share. This price is 62% over the price of the share now, althought it’s still less than the higher of the year, which was $34,08, achived at the end of October.
The reaction of Wall Street was extremely positive. The share price of Yahoo! bounced back 47%, in contrast with Microsoft’s share, which collapsed 6%, because the proposal was reputed as extreme.
Many people believe, that it’s really difficult the two companies to be combined, because of the differences in bussiness culture and activities.
You can read also this article for more information at this subject.
I think, it’s really interesting to watch what will happen!
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