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First up, a new twist in the failed Microsoft and Yahoo merger. Court documents from a lawsuit between Yahoo shareholders and the search engine giant revealed that Microsoft offered to buy the company for 40 dollars per share just fifteen months ago. The revelation comes as a surprise because when Yahoo rejected Microsoft’s offer to buy the company for 33 dollars per share a month ago, they claimed it was because the company was worth 37 dollars per share. Yahoo shareholders are seeking damages for the money lost in the failed takeover.
Without Yahoo, Microsoft is still trying to get a toehold in the search-engine business. The company has struck a deal with Hewlett Packard, who leads the market in PC manufacturing, to install their newly launched Microsoft Live Search Tool Bar into every new computer that ...
