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Day in Tech History/ Geek

May 4, 2008: Microsoft Pulls Yahoo Offer

Jeffrey Powers @geekazine AOL, apple macs, Arts, attempt, carl icahn, carol bartz, college roomies from hell, glitch, jerry yang, launches, mac, Microsoft, penny arcade, player, Player versus player, Player vs Player, pvp, self publishing, service microsoft, stitcher, virus hits, web comics, Website, world wide web, Yahoo 0 Comments May 4, 2018

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2008 –  After months of bid negotiations and Yahoo’s Jerry Yang saying “No”, Microsoft decided to take their $50 billion dollar offer off the table. Although Microsoft pulled the offer, it was not the last time we would hear about it. Carl Icahn would lead a charge to try and re-instate selling or have Yang off the Yahoo board.

On February 1st, 2008, Microsoft offered $45 billion ($31 / share) to purchase Yahoo! Ultimately, in 2009 Carol Bartz sold Yahoo search technology to Microsoft in a 10-year agreement, which (in an updated agreement on April 2015) may be terminated on October 1st, 2015.

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