Tuesday, April 1, 2008
APRIL FOOLS: Microsoft, Google, and Yahoo! Join Forces
Posted by Darius Wey in "Pocket PC News" @ 08:00 AM
"Microsoft (NASDAQ:MSFT) today announced that following a failed attempt on February 1, 2008, to acquire Yahoo! (NASDAQ:YHOO), it had made a second proposal to the Yahoo! Board of Directors on March 30, 2008, to acquire Yahoo! for a total equity value of approximately $49.8 billion. This proposal was formally accepted by Yahoo! on the morning of March 31, 2008. In addition, Google (NASDAQ:GOOG) today announced that it had made a proposal to the Microsoft Board of Directors on March 31, 2008, to acquire Microsoft for a total equity value of approximately $270 billion, which Microsoft formally accepted on the same day. On the morning of April 1, 2008, Yahoo! made a proposal to the Google Board of Directors to acquire Google for $1. Google accepted this proposal immediately, citing it as a fair and honest deal. Together, Microsoft, Google, and Yahoo! believe that these acquisitions will create a more competitive company providing superior value to shareholders and better choice and innovation for customers and partners.
On April 15, 2008, the three companies will meet officially to discuss leadership options and industry consolidation and convergence. On April 16, 2008, Steve Ballmer (Microsoft), Eric Schmidt (Google), and Jerry Yang (Yahoo!) will participate in a televised round-robin Dance Dance Revolution, SingStar, and Guitar Hero III: Legends of Rock contest, where the overall winner will be formally recognized as the CEO of the new company, Yahooglesoft. The remaining two participants, along with existing members of the Board of Directors from Microsoft, Google, and Yahoo! will participate in a round-robin Rock-Paper-Scissors contest to establish a new Board of Directors at Yahooglesoft. The new company, Yahooglesoft, will be formally established on May 1, 2008, and be based out of the Bermuda Triangle, before shifting to Virgle City in 2108.
Members of the press are encouraged to submit questions and statements to www.yahooglesoft.com/press. A mobile-friendly version of the web site is available at m.mobile.we-just-cant-standardize-mobile-urls.yahooglesoft.mobi."
Wow. Time to contact my stockbroker.
On April 15, 2008, the three companies will meet officially to discuss leadership options and industry consolidation and convergence. On April 16, 2008, Steve Ballmer (Microsoft), Eric Schmidt (Google), and Jerry Yang (Yahoo!) will participate in a televised round-robin Dance Dance Revolution, SingStar, and Guitar Hero III: Legends of Rock contest, where the overall winner will be formally recognized as the CEO of the new company, Yahooglesoft. The remaining two participants, along with existing members of the Board of Directors from Microsoft, Google, and Yahoo! will participate in a round-robin Rock-Paper-Scissors contest to establish a new Board of Directors at Yahooglesoft. The new company, Yahooglesoft, will be formally established on May 1, 2008, and be based out of the Bermuda Triangle, before shifting to Virgle City in 2108.
Members of the press are encouraged to submit questions and statements to www.yahooglesoft.com/press. A mobile-friendly version of the web site is available at m.mobile.we-just-cant-standardize-mobile-urls.yahooglesoft.mobi."
Wow. Time to contact my stockbroker.
