Posted: Thursday March, 20, 2008 9:30 A.M.
Google Makes Hostile Takeover Bid
SAN JOSE, Calif. -- Google Inc. made a hostile takeover offer to Time Warner Inc. for the reported purchase price of $50 billion in cash and stocks. Yahoo Inc. is feeling very uneasy at this moment because of prior hopes of being bought-out by Google. Along with Yahoo, Microsoft Inc. is discontented by this offer after being beat to punch with the hostile takeover bid made by Google. CEO of Google, Dr. Eric Schmidt said, “Google strikes while the iron’s hot, and the iron’s hot right now in the media industry. This is the correct move at the correct time for Google.”
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3 comments:
Good story... I might be wrong but I think Yahoo was hoping that Time Warner would buy them though. Other than that good job in the short amount of time.
Hey good work..honestly i didn't get the whole yahoo/microsoft thing..but sometimes i don't pay attention i guess...seemed like you knew what was going on.
I thought yoiur story was good but i think it could flow better.
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