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Just in case you wanted to read more about Microsoft’s bid to buy Yahoo….
Rather than upping their bid to buy Yahoo, as many speculate, Bill Gates said Microsoft’s offer is firm. This came from an unrelated phone conversation yesterday. The call was about giving students free access to some of Microsoft’s software.
Gates said Microsoft’s offer of $31 a share was a fair offer that Yahoo should seriously consider. Yahoo is said to believe they are worth at least $40 per share. Meanwhile Microsoft share price has dropped 12.8 percent, weakening the stock and cash deal. Somehow Yahoo may think that other deals discussed - with the News Corporation and Time Warner - may get a better price. It’s unlikely.
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Original Source: www.marketingpilgrim.com
19 February, 2008| Marketing, advertising... |
@ 21:49
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