The Fate of Yahoo … Coming Soon
Yahoo’s board is meeting today to determine the company’s fate, say insiders. Outside investors are strongly pushing for the Microsoft deal, while long-time Yahoo executives are pushing for a search deal with Google after failing to find an alternative bidder.
The deal with Google would save Yahoo in the short-term, but could potentially bring the company down further as Yahoo would lay off a thid of it’s employees. Even a bigger concern is whether or not the deal with be approved by government regulators.
We’ll find out the end result soon. My bet is on the Microsoft deal. But who knows what will happen!
