May 6, 2008
Google used a carrot and a stick to meddle in the Microsoft bid for Yahoo. It state that it would fight the deal on anti-trust grounds and then cut a contingent deal with Yahoo to share valuable technology if Yahoo did not sell to Google. The technology deal emboldened Yang, the CEO of Yahoo, to ask Microsoft for $37 a share -- a price Ballmer would not pay. Now the press is all over the failed deal -- did Ballmer or Yang look more foolish??? Google looked smart.
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