Over the weekend the news was flying about the latest moves by Yahoo in the mergers and acquisitions stakes. Each day seems to bring something new.
To backtrack a moment, it started on January 31, 2008 when Microsoft made an unsolicited bid to take over Yahoo for $45 Billion. Yahoo’s Board of Directors thought about it a while and then earlier this weekend rejected the deal.
Some think the rejection is just Yahoo’s tactic to negotiate a higher price. However, the latest news as of this writing is that Yahoo is exploring a merger with … drumroll please … AOL. AOL? Yes, that’s right. (more at Techmeme).
Of course savvy Silicon Valley insiders still think the Microsoft Yahoo deal will happen. So do I.
And if it does, a Yahoo/Microsoft merger could be a good thing for the small business market. For my reasons, check out my column this week at Inc Technology: What a Microsoft/Yahoo Combination Means.