Day in Tech History

February 1: Microsoft Bids for Yahoo

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Day in Tech History

Jeffrey Powers

Madison, WI

Description: For the Tech History Geek in all of us

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February 1: Microsoft Bids for Yahoo

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2008Microsoft officially made a move to put a bid in for Yahoo! They announced a plan of $31 a share, which was 62 percent of premium common stock from Yahoo! This was not the first time Microsoft had made a play for the company, but this was the most covered by press. Yahoo! would eventually decline the offer of Microsoft, claiming they undervalued the company. This would bring Carl Ichan to the forefront which would lead to months of speculation and debate.  Although Yahoo! did not take the bid, they did end up selling the search assets in 2009 under Carl Bartz CEO reign.

Wikazine – Full show notes for February 1

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