Such a deal has long been speculated about because of Yahoo’s sagging prospects. This morning Microsoft made it a reality by offering $44.6 billion ($31 a share) for Yahoo! That’s more than a 60 percent premium over Yahoo’s closing price Thursday.
Henry Blodgett over at Silicon Alley Insider calls it a “brilliant” move by Microsoft.
Hint: Click in map to explore connectionsStory continues below interactive map
Click to activate interactive map
(requires Java)
MAP HINTS: Click expands a name.
Control+Click centers map on a name.
Solid lines are current relations.
Dotted lines are former relations. For advanced tools choose
Tools > Options from the menu at top.
More help. Not seeing the maps? Please
go here to check for the latest version of
Java.
The two companies currently share a strong direct link. Maggie Wilderotter, a member of the Yahoo! board of directors, is a former senior vice president at Microsoft.
She is chairman and CEO of Citizens Communications and a director for Xerox and Tribune Co.
Click here to sign up for the Muckety Newsletter
Related posts on Muckety
- A closer look at Yahoo leadership - February 18, 2008
- Microsoft confirms it could renew its effort to buy all of Yahoo! - July 7, 2008
- Zell takes over Tribune - December 21, 2007
- Yahoo-Maven deal opens another path for Microsoft - February 13, 2008
- Microsoft hires lobbyists to help with Yahoo acquisition - April 21, 2008
- Antitrust expert Sanford Litvack to examine Google-Yahoo deal - September 11, 2008
- Icahn blogs on Securities and Exchange Commission site - June 11, 2008
- Google goes to Washington - February 5, 2008
- Rate your boss on Glassdoor.com - June 12, 2008
- ExxonMobil’s well-paid directors - September 30, 2007
1 Comments
#1. WeCanChangeTheWorld 02.01.2008
Great, just in time to make my skeletal muckety social network map of the Big Eight media corporations interlinking directorships outdated. http://wecanchangetheworld.wordpress.com/2008/01/31/the-8-mega-media-corporations-sony-added-in-as-a-bonus-makes-9-skeletally-mapped-on-muckety/
Leave a Comment