I can't imagine that Microsoft would be worried as a result of this. On the other hand, it's something that probably has attracted their interest.
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Essentially, the company has decided to divest itself of its, by far, most successful and most prized business, and it's going to retain two businesses that I consider challenged at this point.
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This is one of those stocks where it appears pretty obvious that people will buy it based on the company's fundamentals and are not going to pay a heck of a lot of attention to valuation,
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I'm just having trouble getting my arms around this. Why not buy a smaller player, or build it themselves I just don't see why you spend that kind of money.
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Clearly these three companies are becoming increasingly competitive vis-a-vis EBay, and the thought is maybe EBay would want to respond with a defensive move.
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