Microsoft Inc.’s (NASDAQ:MSFT) $44.6 billlon offer for Yahoo! Inc. (NASDAQ:YHOO)
Nike Roshe Run Hyperfuse QS Дешевые Продажа seems to make sense for Microsoft, but does it make sense for Yahoo!?

That’s the question thrown out there by Citigroup analyst Mark S. Mahaney in
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From Microsoft’s point of view, Yahoo! is
Nike Free Run+ Заказать Аутентичные an
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But put yourself in Yahoo’s shoes, and the deal isn’t quite so clear
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Nike Air Max 1 Ultra Moire Сайт Для on Thursday’s closing price, and value’s Yahoo at 16 to 17 times its 2008 estimated value [EV] to earnings before interest taxes depreciation and amortization (EBITDA)
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Nike Roshe One Недвижимость 100 Google, he added for context, currently trades at 16 times his 2008 EBITDA estimate of $9.9 billion.

On the other hand, if Yahoo wants to go it alone, it will need
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Ultimately, should Microsoft’s offer prove successful, Mr. Mahaney said the deal is unlikely to derail Google (NASDAQ:GOOG) as the world’s number one search engine anytime soon.

Long term, a Microsoft Yahoo! combination could pose a greater competitive risk to Google. But, near term, we’d be skeptical
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