In the end of the Microsoft / Yahoo! saga, 5 Billion dollars separated the two giants from merging.  Yahoo wanted to be bought $38 / share and Microsoft was only willing to pay $32 / share.  This $6 different amounted to over 5 Billion.

Steve Balmer, Microsoft’s head, wrote a nice letter explaining his reasoning to Yahoo’s chief, Jerry Yang.  This was just written 50 minutes ago.  You can check it out by clicking here.  Interestingly, Steve pleads with Jerry to not look to deal with Google and proceeds to provide extensive reasoning why not in the letter.  A little biased indeed since if Yahoo joins with Google, Microsoft will have lost the online advertising battle.

What will happen next?  Yahoo might look towards uTube or Google for possible parternships while Microsoft will have to forge on.

This entry was posted on Saturday, May 3rd, 2008 at 11:06 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.