This could be the news of the day. Microsoft has offered no less than $44.6 billion for Yahoo!, which in the past 4 years had sliding profits because of Google’s Inc dominance over online searches and advertising markets. Even with a new management team, Yahoo!’s future in 2008 isn’t bright at all.
Yahoo! said it will “carefully and promptly” study Microsoft’s bid. While Yahoo is struggling, Microsoft is thriving and is very determined to purchase Yahoo!. This could mean a way out for Yahoo!’s drop. Or not ?
