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Yahoo tells Microsoft: 'Buy us'

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posted on Nov, 6 2008 @ 04:50 PM
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Yahoo tells Microsoft: 'Buy us'


news.bbc.co.uk

Yahoo said the "For Sale" sign is still on its front lawn and that Microsoft should buy the company.

The internet portal's co-founder and CEO Jerry Yang made the comment despite the fact Yahoo rejected a $33 (£21) a share offer from Microsoft back in May.

...

During the on stage conversation in front of a standing-room only crowd, Mr Yang was asked why the company did not take the $33 a share offered back in the summer. The company's share price closed Wednesday below $14 (£8.80) a share.
(visit the link for the full news article)




posted on Nov, 6 2008 @ 04:50 PM
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Wow, even Yahoo is becoming this desperate. I guess the only thing Yahoo can do now is hope that Microsoft buys them at a price so that they won't lose too much money (However, very unlikely).

Will Microsoft become a snob and tell Yahoo to go to hell? Or will they pity Yahoo and really buy it off? But overall, this shows how screwed up the world economy is right now.

news.bbc.co.uk
(visit the link for the full news article)



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