Microsoft offers 45 billion for Yahoo
Microsoft offers 45 billion for Yahoo. Microsoft is to bid $31 per share to Yahoo’s board of directors to purchase the company, a deal potentially worth $45 billion. Below, more details, some history, and analysis. We’ll also keep updating this story, and we’ll have a separate post linked from this when the conference call starts.
In their press release about the deal, Microsoft management have already outlined how they envisage the new company operating:
“The combination will create a more efficient company with synergies in four areas: scale economics driven by audience critical mass and increased value for advertisers; combined engineering talent to accelerate innovation; operational efficiencies through elimination of redundant cost; and the ability to innovate in emerging user experiences such as video and mobile. Microsoft believes these four areas will generate at least $1 billion in annual synergy for the combined entity. Microsoft has developed a plan and process that will include the employees of both companies to focus on the integration of the combined business. Microsoft intends to offer significant retention packages to Yahoo! engineers, key leaders and employees across all disciplines. Microsoft believes this proposed combination would receive all necessary regulatory approvals…”
We see yahoo will accept this offer or not.
