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05-04-2008
| #1 |
 Join Date: Dec 2006
Posts: 2,992
  | Microsoft give up bid for Yahoo! Microsoft last night walked away from a three month, $47.5 billion fight to seize its larger internet rival Yahoo! in a move that will force the online search engine to find an alternative path to increase its stock price by at least 70 per cent. In a meeting in Seattle on Saturday evening, Steve Ballmer, chief executive of Microsoft, sought to persuade Jerry Yang, co-founder of Yahoo!, to yield to the computer giant by raising his offer from $31 a share to $33. Mr Yang refused to accept the increased valuation, insisting that Yahoo! was worth at least $38 each. At $33, the offer valued Yahoo! at $47.5 billion. Read more here |
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05-04-2008
| #2 |
 Join Date: Sep 2006 Location: Seven blocks down from your drug dealer
Posts: 2,672
| Re: Microsoft give up bid for Yahoo! Microsoft GAVE up bid for Yahoo!... geez I think that site has worse English than Zero. |
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05-04-2008
| #3 |
 Join Date: Mar 2007 Location: Underground
Posts: 5,865
| Re: Microsoft give up bid for Yahoo! finally new news! and microsoft doesn't even need more of a monopoly   And now, directly from chip's signature...  |
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