Thursday, April 24, 2008

Business Extra credit story

San Hose California- Just hit: Google Inc. and major competitor Microsoft Inc. had heated debate of who will buy Time Warner Inc.
Microsoft, even though they are a great company have been beaten out by Google Inc. as Google have increased there stocks ten fold and want to continue on that path with their recent purchase of Time Warner Inc. as Time Warner has increased there stocks with a day high 7:28 PM GMT 15.14 as well as some of there seasonal performance data is shown below, and presents a lot of promise for google with their high increased stock over the last months.
Returns Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Avg.
Returns % -2.63 -2.98 -3.35 5.95 3.71 0.78 -4.11 1.76 -0.28 2.43 1.75 4.15
#Times TWX Stock Price Increased 45 40 43 52 48 52 43 60 46 61 49 56
#Times TWX Stock Price Unchanged 3 3 2 3 4 2 3 2 2 2 1 3
#Times TWX Stock Price Decreased 53 52 65 47 54 53 58 50 54 47 53
ile take over offer to Time Warner Inc.
As Google turned out to be the winner as they made a host take over bid for 50 billion dollars. 35 billion of which will divide evenly in cash, to the stockholders of the company, 10 billion in stock, and 5 billion in debt that Time Warner is assumed to have.

CEO Dr. Eric Schmidt said, “Google strikes while the iron is hot, and the iron is hot right now in the media industry”. This has proven to be true, I guess a congratulation is in store for Google as they have come out on top.

No comments: