Day in Tech History

May the 4th be With You, 2008: Yahoo Loses Microsoft


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<img width="249" height="195" data-tf-not-load src="https://dayintechhistory.com/wp-content/uploads/2019/05/Yahoo-day-in-tech-history.jpg" class="attachment-full size-full wp-post-image" alt="Yahoo!" decoding="async" />

<img decoding="async" class="size-full wp-image-21186" data-tf-not-load src="http://vid.geekazine.com/dith/uploads/2013/03/Yahoo-day-in-tech-history.jpg" alt="Yahoo!" width="249" height="195" />Yahoo!

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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