The Final Chapter: Yahoo Now Wants to Be Acquired by Microsoft

 By 
Stan Schroeder
 on 
The Final Chapter: Yahoo Now Wants to Be Acquired by Microsoft
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His exact words?

"To this day, I have to say that the best thing for Microsoft to do is to buy Yahoo. I don't think that is a bad idea at all...at the right price, whatever the price is, we are willing to sell the company. We were ready to negotiate, we wanted to negotiate a deal, and we felt that we weren't that far apart. But at the end of the day, they withdrew and they since have been very clear about not wanting to buy the company."

Perhaps I have a bad memory, but Yahoo did not want Microsoft to acquire them following their initial offer which, in the light of perhaps inevitable economic recession and current Yahoo share price, now seems generous.

In fact: they did everything in their power to block the deal from happening, including negotiating a search ad deal with Google - one that was doomed to fail because of anti-monopoly laws.

Now, they're willing to be acquired at the "right price," which, in light of recent events, will inevitably be lower than Microsoft's initial offer. This is a huge win for Steve Ballmer, who showed he's a tough negotiator who knows when to walk away and wait for a better opportunity, and that opportunity is now. Microsoft is now buying a much, much weaker Yahoo, and even if their price is low; severely lower than their initial offer, Yang will probably have to take it.

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