Breaking: It’s done: Yahoo agrees to sell to Microsoft

Posted April 1, 2008 at 08:44 AM by JG Mason

Section: News, Web, Websites

InfoWorld is reporting that Yahoo has agreeed to Microsoft’s offer after haggling that went deep into the night.  The final price looks to be $2.6 Billion more than Microsofts original offer.  Steve Ballmer expects the next six months will be spent deciding how to redecorate Yahoo offices and how to best integrate the two companies.

Yahoo CEO Jerry Yang, who had publicly opposed the acquisition, said, “Being part of Microsoft will let the Yahoo vision reach further than we could have done on our own. And we will provide Microsoft the engine it needs to deliver on its Web-based services vision.”

I am just thrilled this is over.  It seemed inevitable to come to this conclusion.  Those looking for an April fools joke, yep, that is what it is...thanks InfoWorld.

Read [InfoWorld]