Yahoo to Reject Microsoft $44.6 Billion Bid
A breaking news from The Wall Street Journal that Yahoo! board will reject Microsoft’s unsolicited $44.6 billion after a series of meetings. Yahoo! decided that the $31 per share is massively undervalues by Microsoft, and not sure this is a strategy to make Microsoft pay a much higher premium. If Microsoft increase its Yahoo! bid, this will serve as an indicative of how Yahoo! is important to Microsoft.
via [Bloomberg]
February 11th, 2008 at 9:08 am
Who is advising Bill Gates? His Mirror? http://www.killrates.com?Strip=48
April 6th, 2008 at 6:01 pm
[...] has been written about Microsoft’s unsolicited offer for Yahoo!, but it’s seemed that Microsoft believed the value of Yahoo! has been dropped since the offer [...]