Yahoo to reject Microsoft bid
http://online.wsj.com/public/us
"The company is unlikely to consider any offer below $40 per share, the person said."
I hope msft doesnt up the bid to more than $40 for yhoo.
"The company is unlikely to consider any offer below $40 per share, the person said."
I hope msft doesnt up the bid to more than $40 for yhoo.
Comments
Well, that's besides the point. Investing most of your available cash into a struggling company to try and become the search engine leader is a fantasy, IMO. This is Google's fight to lose.
I just wonder how long the MSFT shareholders will sit by and watch their paper wealth decrease while Ballmer pursues this.
Got Vista?
How much cash does MSFT have on hand? Yahoo might not be interested in being bought out, perhaps they would prefer a more equal merger.