TechCrunch reports that Microsoft is offering to acquire Yahoo for $44.6 Billion. A copy of the letter Microsoft sent to Yahoo is also in the article.
I must admit, the offer must be tempting for shareholders given Yahoo's current state.
The guys at Microsoft were quite patient to wait a year and rather intent to offer so much for a company struggling to stay in the black.
All I can say is ... "Resistance is futile .... "
I'm just worried about what will happen to YUI, if the buyout happens. Is YUI.NET in the horizon ?
Yeah makes me worried. Look at hotmail now.
ReplyDeleteAlso I think its better to have more players, keeps google also in check.