Thursday, March 20, 2008

Practice News Story: Business

Google Makes Hostile Takeover Bid of Time Warner

SAN JOSE, Cali.— Google Inc. made a hostile takeover bid involving the purchas of Time Warner Inc. for $50 billion dollars. This bid has not been accepted yet.

Google CEO Dr. Eric Schmidt said “Google strikes while the iron is hot, and the iron is hot right now in the media industry. This is the correct move at the correct time for Google.”

Yahoo Inc. and Microsoft Inc. CEOs are discontent. Yahoo wanted to be bought by Time Warner while Microsoft was hoping to buy Time Warner. Negotiations and offers between the four companies will be held.


ambersw said...

Good job, i would of like to see that Google was the one's actually placing the bid, but good job getting all the companies in there.

m e g a n said...

I really liked your ending statements! That was a great idea! Great job with this!

Allie Cat said...

Good job! The only other thing I would have included was the break down of the 50 billion.