Microsoft Gave Up On Yahoo

So microsoft seems to have ended its bid for a hostile take over of the Yahoo Search engine!

Personally I think Yahoo! has made a huge mistake here in leaving this offer on the table as they seem to be sinking into internet oblvion and they really don't have much of an advertising program any longer either after being in "Beta" stages for what seems like ever now.

Well first off there was no hostile takeover attempt yet. They made an offer to the board and exec and they decided not to take it to the shareholders.

I think that a hostile attempt will come when the share price of Yahoo drops enough to piss of the shareholders royally. Then MS will be able to come in with the same offer, or even a lower one, and buy Yahoo right from under the executive. These are usually messier.

MS will have Yahoo, either by takeover, or head hunting of their good employees and building their own. MS has the money to do this, Yahoo doesn't have the money to stop it.