Microsoft and Yahoo! renew their marriage talks
|
|
Microsoft and Yahoo! have pulled their chairs back up to the proverbial negotiating table. Citing an unnamed source, The New York Times insists the two giants are now in "active merger talks." Apparently, Microsoft made that outrageous Yahoo! bid even more outrageous, raising its valuation of Jerry Yang and crew "by several dollars" a share. So, Microsoft is saying that Yahoo! is worth somewhere between $46bn and $52bn. Yesterday, word was that Ballmer and the Ballmerettes were mulling a raise to $33 a share, before some large Yahoo! shareholders insisted on $35 to $37.
|
|
Full Story |
This topic does not have any threads posted yet!
You cannot post until you login.
