Microsoft abandons Yahoo bid higher bid is rebuffed

happylux

Saturday May 3, 8:16 pm ET Microsoft abandons Yahoo bid after sides can't agree on acceptable sales price SEATTLE (AP) -- Microsoft says it's dropping its three-month-old bid to buy Yahoo because the two sides can't agree on an acceptable sale price.

Microsoft Chief Executive Steve Ballmer says in a letter sent to Yahoo on Saturday that the software maker was willing to pay $47.5 billion for Yahoo. That's $33 per share.

Ballmer says Yahoo insisted that Microsoft pay at least $53 billion. That's $37 per share.

Microsoft's original offer was $44.6 billion, or $31 per share.

biorjin

hehe, my puts on yhoo

 

happylux

YHOO back to $2?.+ next week , but it's good for MSFT and QQQQ.

biorjin

Not necessarily good for MSFT. MSFT was beaten down for this deal b/c people think they overpay YHOO for the deal. Come on 62% premium. MSFT needs Yahoo to compete with Google for the online AD business. I think Google is the only winner of the game.

 

 

原帖由 happylux 于 2008-5-3 21:17 发表 YHOO back to $2?.+ next week , but it's good for MSFT and QQQQ.

[ 本帖最后由 biorjin 于 2008-5-3 22:06 编辑 ]

fatrebate

yes, see goog pop up at least $50 monday.

原帖由 biorjin 于 2008-5-3 21:54 发表 Not necessarily good for MSFT. MSFT was beaten down for this deal b/c people think they overpay YHOO for the deal. Come on 62% premium. MSFT need Yahoo to compete with Google. I think GooG is the only ...

biorjin

I guess we might see $600 google tomorrow morning, then the market will drag google down.

 

 

原帖由 fatrebate 于 2008-5-3 22:03 发表 yes, see goog pop up at least $50 monday.

CoolMax

歹戏拖棚，终于谢幕了。呵呵。