It appears that there is a potential takeover bid in the works for Facebook by Microsoft Corporation, according to the article below. A merger of these two giants has a magnitude almost impossible to imagine. Facebook and Google are among the top-visited websites in the world. Think of the potential of advertising to these two combined. It boggles the mind.
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More Microsoft Corporation (NASDAQ:MSFT) Facebook Details:
Emoneydaily.com - Posted on 12 December 2010 by Felice Medders
More info about the potential Microsoft Corporation (NASDAQ:MSFT) takeover bid for Facebook have emerged.
One of the executives from Microsoft Corporation (NASDAQ:MSFT) said that the company attempted to acquire social networking giant Facebook in 2007 but failed to impress Facebook’s co-founder Mark Zuckerberg.
Technology blog TechCrunch reported that during an interview with Microsoft Corporation’s (NASDAQ:MSFT) senior director of corporate strategy and acquisitions, Fritz Lanman, told “Ballmer took this reply as sort of challenge. He went back to Microsoft’s headquarters and concocted a plan intended to acquire Facebook in stages over a period of years to enable Zuckerberg to keep calling the shots.
Microsoft Corp. (NASDAQ:MSFT) stocks was at 27.34 at the end of the day’s trading on 12/10/2010. There’s been a 14.6% change in the stock price over the past 3 months.
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