I read this first over at the Pepperjam blog actually, Steve Ballmer (CEO Microsoft) canceled his bid on Yahoo. If I remember correctly the bid was somewhere around $44 billion. The Yahoo/MSN merge would have been an attempt to gang up on the monster we know as Google. Well not anymore.
Yahoo stock dropped from around $28 to $23 per share, and I’m no stock expert so I couldn’t tell you how much more it will drop. I think it was around $19 when MSN made the offer, and then spiked up close to $30 (again just going off what I heard). Kris predicted that Google would make a bid on Yahoo once the stock drops off more, and then Microsoft would battle it out with Google. Once again I’m no stock expert, but it seems like a smart thing to do would be buy a boatload of YHOO stock when it’s at a low, and once Google/Microsoft start a bidding war stock should spike back up and you could make a nice coin. I might throw some money into it myself after a little more research.
What if Google ended up winning Yahoo? How would that change our strategies as affiliate marketers? We all know Yahoo Search Marketing has been poorly trying to replicate the Adwords system for some time now. The new addition of minimum bids made it even more retarded and pathetic. I have sites that have Great QS in Google with $0.02 minimum bids, but they have like $0.67 minimum bids in Yahoo. Even taking that into consideration, would I want the two to become one? Probably not right now, Yahoo still does a lot of things stupid that you can take advantage of.
I’d just feel bad for poor MSN if this all happened, haha.