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July 3, 2008

Let’s make a deal!

Posted by David Hunter at 6:57 AM ET.

A little pre-holiday humor from Henry Blodget – Yahoo, Microsoft, Time Warner, News Corp, and AOL Agree To Talk Forever And Never Do Anything:

All major Internet companies not named Google are in talks about mergers, partnerships, spinouts, and other proposals to quiet irate shareholders and stop getting their butts kicked, says the WSJ. No news on when they finally plan to stop talking and actually do something.

Those of us of sufficient antiquity can remember a time in the early 90′s when one could have said something quite similar:

All major PC software companies not named Microsoft are in talks about mergers, partnerships, spinouts, and other proposals to quiet irate shareholders and stop getting their butts kicked. No news on when they finally plan to stop talking and actually do something.

Of course, all the corporate couplings and reorganizations did no good for Microsoft’s competitors then and I don’t expect them to do much for Google’s competitors now. Blodget’s suggestion is that Yahoo skip the palaver and concentrate on straightening out their business which seems eminently sensible, but increasingly unlikely due to all the distractions for both management and staff.



Filed under AOL, Acquisitions, Coopetition, Google, Microsoft, MySpace, News Corp., Yahoo

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