Monday, 3 November 2008

Yahoo/Google/AOL/Microsoft etal

(By Richard Holway) I note the many reports that indicate that Yahoo’s advertising deal with Google has hit the rocks for anti-competition reasons. This could a) bring pressure on a Yahoo + AOL deal (“Tying two bricks together does not make them fly…”) or b) bring pressure on Yahoo to go back to the negotiating table with Microsoft.

If you were a Yahoo shareholder, you’d be even more peeved today that you didn’t accept the previous bid. From an industry viewpoint, I’ve always been against it. Indeed, I think Microsoft is moving in the right way now with their new cloud offerings. So any revived Yahoo deal would be an unnecessary distraction.

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