Unless you’ve been living under a rock for the past week (which, if you are, you have my sincerest condolences), by now you’ve no doubt heard of the latest drama to hit the technology industry: Microsoft’s attempt at grafting search-engine Yahoo onto its cold steel heart with a whopping $42 billion USD unsolicited bid, which came after Yahoo politely declined a friendly buyout agreement. If my calculations are correct (and, more importantly, if the analysts’ calculations are correct), that’s a 62% premium on Yahoo’s current worth. Now, assuming that good old Steven Ballmer hasn’t been struck with a case of the Tom Cruise crazies, the two top obvious questions are: “What is Microsoft thinking?” and “How does Yahoo feel about the whole deal?”
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