Acquisitions

Decisions, decisions, it is so hard to make up your mind and Yahoo Inc. is best fit to talk about it. As everyone knows, on February 1, Microsoft made a public offer to buy Yahoo at $44.6 billion and now the latter one is trying to merge with AOL in order to prevent its takeover. They wouldn't have refused Microsoft's offer, but it was too low to meet up their expectations. However, there is still hope. Yahoo has not yet nominated the candidates to its board and has postponed it until after March 14; that is after the annual shareholder meeting. Therefore Microsoft has a small chance to fulfill its desire of takeover by helping its supporters to get on Yahoo board and facilitate a deal. Nevertheless, it should hurry, because Yahoo is preparing a defense strategy that might just well make it the leader of third-party network businesses. If it is indeed true what Wall Street Journal reported, then Yahoo and AOL are talking the possibility of a merge. Time Warner Inc. (with whom they talked even 3 years before) has 25 percent of AOL and it is more likely to ask a third of the resulted company. Google who owns 5 percent of AOL might oppose due to the competition that it would actually represent by becoming very attractive to advertisers. Others say media conglomerate News Corp who owns MySpace would be another option. Both AOL and Yahoo have better chances and would have more profit by joining forces than if they standalone. Yahoo would reduce costs like technology, distribution, and the combined company would have a stronger share engine. Stay connected and see if the rumors are true or not. Until now neither Yahoo, nor AOL, did not comment on the matter, thus it did not confirm it, nor denied it.

related story: http://news.yahoo.com/s/ap/20080305/ap_on_hi_te/yahoo_board;_ylt=AucMhOoYFANgy2YkOd9SNBas0NUE

by Claudia Sonea for PocketNews (http://pocketnews.tv)

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