4 ms·
It's almost exactly 10 years since Yahoo rejected Microsoft's acquisition offer. Even at the time it was pretty clear they should have accepted it, but it seems
by strictnein 9y ago
It's almost exactly 10 years since Yahoo rejected Microsoft's acquisition offer. Even at the time it was pretty clear they should have accepted it, but it seems like Yang was too proud.
Microsoft offered $45 Billion(!) for Yahoo.
https://www.thestreet.com/story/13655197/1/what-would-have-happened-if-microsoft-had-bought-yahoo-in-2008.html https://www.thestreet.com/story/13655197/1/what-would-have-h...
- mixmastamyk 9y agoNot to mention it would probably have hastened MS’ demise/reinvention years earlier.
- phonon 9y agoAltaba (Yahoo!'s Alibaba assets) is worth $68 Billion[1], so no, they probably did the right thing. [1]https://finance.yahoo.com/quote/AABA/ https://finance.yahoo.com/quote/AABA/
- strictnein 9y agoI mean, we're comparing 2008 money to 2018. If you put $45 billion in the stock market in 2008 when this offer was rejected it'd be worth ~$90 billion now. If they were given MS stock as part of the deal, that $45 billion would be worth around $130 billion. So, still probably a bad idea to reject the offer.