Yahoo Board to Spurn $44B Microsoft Bid
"Yahoo Inc.'s board has concluded Microsoft Corp.'s $44.6 billion takeover bid undervalues the slumping Internet pioneer and plans to reject the unsolicited offer"
http://www.breitbart.com/article.php?id=D8UMVPE00&show_article=1
Tender offer here we come?????
ReplyDeleteWith the premium being offered Yahoo is going to have to find a way to "unlock" it's value.
This could get interesting now.
Partnership with google approaching.
ReplyDeleteGoogles problem is the Feds who would prob block it for anti-trust reasons.
ReplyDeleteBut, anything that keeps Yahoo out of the hands of the Order, opppppps I mean, Microsoft, would be a good thing.
Yahoo asked for $436 Billion. Since that number doesn't exist Microsoft can never pay it. Problem solved.
ReplyDelete