Microsoft to Acquire Yahoo! - Google Stock Plummets

On news that Microsoft was trying to acquire Yahoo! for $44.6 billion, Google’s stock plummeted and closed down 48.40 points (-8.58%). Microsoft’s bid to take a larger slice of the search and online advertising market had a strong impact on Google’s stock as investors grew weary of a combined Microsoft/Yahoo!.

The combined company would still not come close to matching Google Search’s global market share. According to Hitslink, Google’s total marketshare is 77.11%. A combined Microsoft and Yahoo! would only total 15.66%.

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