Personanondata: Microsoft to Buy Yahoo for $44Billion

Friday, February 01, 2008

Microsoft to Buy Yahoo for $44Billion

The dam has finally busted. Will Microsoft be able to pull off the deal to buy Yahoo and then, more importantly will they be able to make a success of the integration. This could be one of the most exciting news stories of the year. Will this be welcomed by Yahoo? Is this the big deal that Terry Semel was said to be working on only yesterday? Could Yahoo look for some other combination - with Ebay - and act defensively to stop the acquisition? The current offer is very expensive - 60% over the closing share price yesterday.

AP
Timesonline.
NYTimes

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Michael Cairns

Michael Cairns is currently Head of Partner and Channel Development for the publishing unit of the American Psychological Association which is a $100million scholarly, academic and educational publisher. In this role, he is responsible for all sales and marketing activities supporting the revenue base and working with current and new partners to expand APA's publishing program and mission. Michael Cairns has served as President, CEO and CRO of several brand name publishing, technology and content-centric businesses. His career includes a wide range of publishing and information products, services and B2B categories and his operating and consulting experience has largely been with brand-name companies such as PriceWaterhouseCoopers, Macmillan, Inc., Berlitz International, AARP, R.R. Bowker and Wolters Kluwer. Mr. Cairns has also served on boards including the Association of American Publishers (AAP), the Book Industry Study Group (BISG) and also served as Chairman of the International ISBN Executive Committee.