Its been hard time for Yahoo in the stock market as Microsoft withdrew its bid on the company earlier this week. Microsoft's bid of 44.6 billion dollar on Yahoo was one of the highly anticipated dealings in world business.
Well, if Microsoft had acquired Yahoo, then it would have used all its facilities to enhance its own message service , The Hotmail. However this withdrawal had affected Yahoo's stand in the stock market.Its shares were abated to about 16 percent on Monday. Yet Yahoo is confident of bouncing back and maintaining the status of the world's best web portal.
Such type of acquisitions is not a new one. This is also one of the new techniques of doing business in today's competitive world. The reason may be the changing environment. Companies which were established in the past cannot cope up with the current demands in the market. So they naturally sell themselves to bigger companies. But the above deal (Microsoft - Yahoo) is not of above said genre.
In the future we may see a lot of more bids and acquisitions that would decide the economic status of the world nations.
Vande Mataram
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