Monday, July 14, 2008

New York Magazine Buys MenuPages Site

This article is contrasted with Yahoo.

http://www.time.com/time/business/article/0,8599,1822290,00.html

Yahoo rejected Microsoft proposal. Economists who work in MenuPages and Yahoo have considered their profits.

Yahoo said it unsuccessfully reiterated its willingness to sell the entire company to Microsoft for $47.5 billion, or $33 per share — a bid that the software maker dangled in early May before withdrawing it in a pique over Yahoo Chief Executive Jerry Yang's demand for $37 per share.

The other side, New York Magazine buys Menupages site. Menupage's economist might think this way is much profitable than keep their company. Also, New York Magazine economist might think that this way is much profitable than they make their new own site.

No comments: