Gizmodo - Breaking: Microsoft Wants to Buy Yahoo for $44.6 Billion
"It seems that Bill is going to eat more than one burger before he leaves Microsoft. After countless rumors, it is now official: they want to buy Yahoo! for $31 per share, a total of $44.6 billion in cash and stock.
..."
Microsoft PressPass - Microsoft Proposes Acquisition of Yahoo! for $31 per Share
"REDMOND, Wash. — Feb. 1, 2008 — Microsoft Corp. (NASDAQ:MSFT) today announced that it has made a proposal to the Yahoo! Inc. (NASDAQ:YHOO) Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. Microsoft’s proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer represents a 62 percent premium above the closing price of Yahoo! common stock on Jan. 31, 2008.
..."
The worlds longest rumored Tech merger may finally happen?
No comments:
Post a Comment
NOTE: Anonymous Commenting has been turned off for a while... The comment spammers are just killing me...
ALL comments are moderated. I will review every comment before it will appear on the blog.
Your comment WILL NOT APPEAR UNTIL I approve it. This may take some hours...
I reserve, and will use, the right to not approve ANY comment for ANY reason. I will not usually, but if it's off topic, spam (or even close to spam-like), inflammatory, mean, etc, etc, well... then...
Please see my comment policy for more information if you are interested.
Thanks,
Greg
PS. I am proactively moderating comments. Your comment WILL NOT APPEAR UNTIL I approve it. This may take some hours...