Yahoo not to wed Microsoft

Well, Baby Boomers, it looks like GOOGLE can breath a sigh of relief…it is still the big dog on the porch. Bow~wow~wow~yo~yipee~yea~yippee~yo!

The Yahoo~Microsoft take~over~talks had begun Jan. 31, when Microsoft offered to buy Yahoo for $44.6 billion, or $31 a share.
Microsoft has rejected Yahoo’s demands and have taken their bid off the table.

After weeks of negotiations and posturing, Microsoft has given up its efforts to buy Yahoo. Simply saying that the price Yahoo is demanding is too high and that any hostile take over battle would cause enough damage to make the union unappealing.

Will Yahoo’s stock take a plunge??? Most say yes. Since the 3 months of take~over talks has boosted their stock. The take~a~way is not a positive stock builder. Is that propaganda???

The skinny is that even though Microsoft upped its offer “by several dollars” per share and Yahoo did not accept. Therefore, Microsoft Corp. has withdrawn its $42.3 billion bid to buy Yahoo Inc.

<strong>”Clearly a deal is not to be,”</strong> Microsoft chief executive Steven Ballmer wrote to Yahoo chief executive Jerry Yang.

Well, Baby Boomers…it seems there is no YING and YANG here!

I just wonder what Yahoo has up their sleeves…I imagine we will see. Don’t count Yahoo out yet…I smell a deal somewhere!

Shares of Yahoo closed Friday at $28.67, almost 50 percent higher than their pre~bid price.

Personally, I am glad that Microsoft backed out of their buying posture and did not buy Yahoo. I do not like Microsoft and when their product has a glitch in it…they want you to PAY to get it fixed…and it does break down. All of you computer Wizards know what I am talking about!

Me…I think I am going to go buy some yahoo stocks, simply because I am glad they are NOT going to be sold to Micro~sucking~soft!

NO MORE MONOPOLYS! It’s only a board game!

June 9th update…a little birdie told me that the talks are actually still going on…time will tell…

~The Baby Boomer Queen~

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