How dumb can they be??
So first, Microsoft want to buy Yahoo, but Yahoo resist.
Then Google throw Yahoo an option to escape a Microsoft takeover (a takeover which would be against Googles best interests).
Microsoft then walk away, definitely no longer interested.
Google pull out of the deal, citing justice dept interest as the cause.
Am I the only one here who thinks that Google played Yahoo (and Microsoft) here?
They helped out Yahoo just long enough to make sure Microsoft lost interest.
Well done Microsoft for telling Yang to shove it.
I love that the day Google shafted him, Yang went back groveling to Microsoft and they turned thier backs.
Justice for similar treatment he had given them not too long ago.
The arrogant idiot ought to be made to make up the difference to his shareholders between Microsofts offer and todays current share price. Stepping down is the easy option.
The poor shares lost over a third in value because Yang thought he was too good for Microsoft.
I truly don't see Yahoo surviving this very well.
If I was one of thier employees, I would be looking desperately for another job right now, before they sink.