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Monday, May 19, 2008

Yahoo! Stocks Rise with Microsoft’s New Offer

Posted by @ 10:18 pm
2
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After Microsoft’s latest proposal to only buy parts of Yahoo!, stocks of the company have risen by almost 2% in premarket trading.

Similarly in February, when Microsoft initiated an earlier deal Yahoo!, stocks shot up from $19 to $28 the next day.

However at the beginning of May, when Microsoft walked away from negotiations, Yahoo! stocks fell by a dramatic 19% while Microsoft’s stocks rose by around 3%. Over the last month Yahoo! stocks have slowly been rising back to around the $25 mark.

Microsoft has since moved away from previously more forceful tactics to dealing more openly with the company, contributing to the rising stocks.

Another factor behind this increase in stocks is Microsoft’s interest of now only attaining parts of Yahoo! such as the search technology.

In the ongoing conflict between Microsoft and Google, Yahoo! has become a surrogate in the war between the two internet giants. With both the companies looking to take advantage of Yahoo!’s user base of over 500 million, and success in social media news, email and display advertising.

At this point it seems as though Yahoo! will “…emerge from this battle stronger than ever, with a more defined direction and proven leadership in Yahoo driven content distribution and display ad revenue partnerships.” As speculated by Loren Baker from Search Engine Journal.

No doubt this won’t be the end of this long running saga; we will keep you updated with any further developments. Feel free to leave a comment on your thoughts on the issue.



ineedhits Team You can click on any of the circles to get more information about the business they represent, essentially giving many more local businesses first page exposure on Google maps. It should be noted that the top 10 listings will still appear as pins on the left hand side of the map.

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Discussion (2 - comments)

Woah, there are very few people besides Microsoft, Yahoo, and their stockholders who are for this (I know that’s a lot of people).

By Nate Nead - May 20, 2008



There is a ciritcal shortage of informative articles like this.

By Laneta - July 9, 2011




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