Does anybody else think that Microsoft pulled out of the acquisition in order to drive down Yahoo's stock price - only to return in a few weeks to a beaten yahoo?
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Yahoo vs. itself
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guest poster
Yahoo stock was languishing and acquisition offer (higher $ offer than market) drove the price up, so not surprising that the stock tanked after they withdrew the offer.
It's certainly hard to believe Microsoft has slunk away, without a peep. They'll be baaaaack!
While the idea above is certainly a strong possibility, I have to reason to believe that stockholders, still beholden to the lovable Yahoo, would rather see Yahoo succeed and want to give them another go to pull themselves out of the 2-year slump.
The fun-loving Yahoo brand, being one of the companies most powerful assets, is giving them this one last chance. If Yahoo succeeds, they'll do what they've done before when they pulled out of a slump. If they fail, I'm sure Microsoft will try to acquire again. It may be Microsoft's best strategy to compete with Google.
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