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« Yahoo Successfully Blocks Microsoft Offer | Main | "Say on Pay" a Bust? »

May 6, 2008

Google's Clever

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. 

May 6, 2008 in Mergers & Acquisitions | Permalink

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