First it was on, then it was off, then it was dead and buried. Just what is going with the Microsoft / Yahoo deal?
This week news emerged from the US that the deal could be back on the table, as the new Yahoo CEO said that she was prepared to discuss the acquisition by Microsoft if the deal were sweet enough.
Yahoo CEO Carol Bartz stated on stage at the All Things D conference on Wednesday, in California:
If there’s boatloads of money and the right technology involved, we’d do a deal, sure. It’s that simple.
When Microsoft first made a move to buy Yahoo, it offered $31 per share in February 2008. They later raised that offer to $33 per share, which was a proposed $45 billion deal.
Yahoo’s shares closed on Wednesday this week at just $14.94 per share.
Any proposed deal between the two would go some way to closing the gap behind them and Google, who dominate the search market both in the US and in the UK.