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[万花筒] 【整理】2008-02-05&02-06

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I’m M C, the emergency acquisition reporter for the Wall Street Journal. This morning Microsoft unveiled an unsolicited 45 billion dollar offer to acquire Yahoo. This deal has been ruminated for months. But Yahoo’s stock price has fallen about 50% since October. And Microsoft’s finally decided to pounce. About one year ago, Microsoft made an initial, approached to Yahoo. At that time, Yahoo said it was uninterested in presuming a deal. But it’s its own business that its head wings recently described its quarterly earning’s reports. Microsoft as well has been looking over * Google. Google controls a large portion of the online advertising market. And both Yahoo and Microsoft are concerned about Google’s dominance in this area. Another concerned Microsoft is that Google is getting into some traditional sectors, including word processing, and other applications that have really made Microsoft what it is and is putting those on line and free to anybody who has internet connection. So, all these forces together have prompted Microsoft to act today. The question is, will Yahoo, which has typically taken rather a skeptical approach towards Microsoft, be willing to accept this. The CEO of Yahoo, Jerry Yeung, has been a long time enemy of Microsoft. And it’s unlikely that he is going to win, to accept this deal. This is M C for the Walls Streets Journal.
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