Simon’s Blog

Seems that Yahoo! is trying to put together a deal to acquire AOL in a bid to prevent being acquired by Microsoft.   What will shareholders think of that? I’d be surprised if they’ll be particularly impressed.  I suspect they’ll think this is simply about turkeys not voting for Christmas.

With various options on the table, shareholders will go with the one that is worth the most money.  Given that Microsoft can afford to raise its bid, and that Yahoo! is more valuable to Microsoft than to anyone else, it would be somewhat suprising if the final outcome of all this wasn’t the answer everyone first thought of.  That is, Microsoft will acquire Yahoo!