Microsoft and Yahoo break up

They were almost together. I was actually surprised that the deal fell through. I think that price for Yahoo seemed good and now I wonder how the share price will play out in the next couple of months. With the state of economy will another buyer come up? I just looked up at the last bid price for Yahoo and it closed Friday at $28.67 and Microsoft closed at $29.24. I personally like both companies and before I sold off my equities last year, I owned both these stocks since 2000 after the tech bubble burst.

I also wonder how cash rich Microsoft will spend its $44.6 billion takeover bid money now that it has withdrawn its bid. I think this was a good move for Microsoft and maybe a poor decision for Yahoo not to accept. The alliance would have benefited them more. As usual, time will tell.