Famous™ Microsoft and Yahoo Deal (Acquisition)

May 21, 2008 in Business, Finance, News, Technology by Admin

Famous™ Microsoft, Yahoo Deal

How many billionaires does it take to screw in a light bulb? Keep in mind this particular bulb will ignite Microsoft’s fight against Google. There are approximately five billionaires working on this deal; Steve Ballmer, Jerry Yang, Eric Schmidt, Rupert Murdoch and Carl Icahn.

As a result of the fight to acquire Famous™ Yahoo, Steve Ballmer has had to watch as Microsoft’s shares fell 10%, and when you own 400 million shares that amounts to about a billion dollars in losses. However, for a man whose net worth is approximately $15 billion dollars, who’s going to snivel (read the rest of the article here…)