Yahoo-AOL-Google Alliance Created to Fend Off News Corp-Microsoft Hostile Takeover
Whats sure to be the wildest hostiletakeover ever!
Yahoo finally takes up Google's offerto form strategic partnership to fend off hostile takeover by Microsoft. Google's CEO Eric E. Schmidt, placed a call to Yahoo’s chief, JerryYang, offering Google’s help in fending off Microsoft, possibly in the form of a partnership between the companies back in early February of this year , shortly afterMicrosoft announced Feb 1st 2008, it's plans to take-overYahoo for $44.6 Billion or $31.00/share.
Then, if that's not enough - Yahoo bids to acquireAOL, while News Corp partners with Microsoft to takeover Yahoo.