On a day when the major market indexes were in the red, Yahoo shares bucked the trend on the questionable strength of that Merrill Lynch report suggesting that Microsoft ought to consider buying Yahoo to better compete with Google.
As I said in my post earlier today, I couldn’t disagree more with the theorizing from Merrill Lynch.
Microsoft shouldn’t acquire Yahoo. What’s more, I don’t believe it will happen. As I think about the timing of the report and its highly speculative content, I now believe this was just a bored analyst’s spreadsheet exercise that metamorphosed into public conjecture on a slow Friday.