Bookie bets on Microsoft gamble on Yahoo!
Microsoft’s cheeky approach for Yahoo! is at odds of 11-2 to win regulatory approval according to those crazy cats at Irish bookmaker PaddyPower.
If the sale goes through, PaddyPower are offering odds of 10-1 that the price will be set between $56 billion and $60 billion.
Microsoft stunned the online world with a $44.6 billion bid for the California-based Yahoo! last week as the world’s biggest software producer attempts to compete with the internet search giant Google.
Google, however, will be trying to do all they can to scupper any potential deal which could threaten their dominance in internet advertising.
According to reports, it is thought that Google may have even put a counter-offer on the table to Yahoo! to thwart Microsoft. Whether or not this is a serious offer or just a ploy to delay any possible deal is not clear but what is obvious though is that if a deal does go through, the terrain of the internet marketplace will have changed dramatically.
Editor, Jackpot.co.uk - 2008-02-05 11:40:24