May 21, 2008 – Wikio In The News Report
Baldwin, NY – New York-based Media Appraiser Kevin Kamen predicts that Internet search and advertising giant Yahoo will soon be sold to Microsoft for $50 billion. Kamen stated, ” Clearly, as of Monday morning, all signals from Redmond point to a Microsoft offer of around $35 per share coming soon as it remains active in its pursuit of Yahoo. With Yahoo shareholders seeking a revolution to overtake the present board of directors and investor Carl Icahn leading the brigade by threatening to replace the Yahoo board before July 3, a sudden change of ownership looks less and less bizarre and indeed quite likely to unfold. This is no longer just a threat for Yahoo’s Jerry Lang; it is a case of survival and the lines have been drawn. With so much unrest directed at Jerry Lang as of this juncture, Steve Ballmer has identified a clear opening for Microsoft and we suspect he will shortly increase his recent offer of $47.5 billion, up the ante to $50 billion and close the deal within weeks.” Kamen concluded, ” Lang needs to save face and would do so by bringing in another $2.5 billion for Yahoo investors and, with Microsoft desperately in need of increasing its internet search and advertising model, a long-term alliance seems viable whereas it did not a month ago. Too much unrest at Yahoo and the genuine need for Microsoft to not be a secondary force in the online services search arena has changed the landscape of this potential deal. Without question, Yahoo is the key component that could provide an immediate impact for Microsoft and Ballmer knows this.”