With slowing growth and falling EPS Google will not be able to justify its bubble valuation any more. "Strategic acquisitions" of YouTube and DoubleClick do not work and are depleting war chest of cash in front of severe competition from MSFT/YHOO. With this deal Yahoo! will receive a new push in right direction and access to Microsoft cash pile and software giant finally will have a chance to get it right in Internet space.
"Reuters
Microsoft eyeing deal to buy Yahoo: reportFriday May 4, 4:49 am ET
NEW YORK (Reuters) - Microsoft Corp. (NasdaqGS:MSFT - News) has intensified its pursuit of a deal to take over Yahoo Inc. (NasdaqGS:YHOO - News), asking the company to re-enter formal talks, the New York Post reported on its Web site on Friday.
While the two companies have held informal deal talks over the years, the latest approach signals a new urgency on Microsoft's part, the paper said, citing unnamed sources.
The approach follows an offer Microsoft made to buy Yahoo a few months ago, the Post reported, but Yahoo spurned the advances.
The Post said Wall Street sources put a roughly $50 billion price tag on Yahoo.
Microsoft and Yahoo could not immediately be reached for comment."
NEW YORK (Reuters) - Microsoft Corp. (NasdaqGS:MSFT - News) has intensified its pursuit of a deal to take over Yahoo Inc. (NasdaqGS:YHOO - News), asking the company to re-enter formal talks, the New York Post reported on its Web site on Friday.
While the two companies have held informal deal talks over the years, the latest approach signals a new urgency on Microsoft's part, the paper said, citing unnamed sources.
The approach follows an offer Microsoft made to buy Yahoo a few months ago, the Post reported, but Yahoo spurned the advances.
The Post said Wall Street sources put a roughly $50 billion price tag on Yahoo.
Microsoft and Yahoo could not immediately be reached for comment."
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