Microsoft Proposed Acquisition of Yahoo

A Healthy Sign of Mergers and Acquisitions for 2008!

Sea Shepherd
Hot off the press this morning!

Microsoft has proposed to acquire Yahoo in a hostile take over for $31 per share. That is a 62% premium to Yahoo's closing price of $19 per share on Thursday. Microsoft would allow Yahoo holders to elect to receive cash or stock. Microsoft believes Yahoo stock is attractive for an investment opportunity. It also believes Yahoo has significant upside. Yahoo and Microsoft have been working together since late 2006. The proposed offer represents a $ 44.6 billion equity value.

Microsoft says it will benefit from Yahoo's ad providers.

The deal would not be subject to any financing condition. This could be a positive for the stock market if this follows through because it could be a healthy sign for more mergers and acquisitions for 2008.

More details will follow later today.

Published by Sea Shepherd

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Microsoft believes Yahoo stock is attractive for an investment opportunity. Microsoft also believes Yahoo has significant upside.

8 Comments

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  • Rebecca Livermore2/3/2008

    Thanks for reporting this. I'm looking forward to the update!

  • Pearlygates2/1/2008

    Great info, thanks.

  • Chris M. Carmichael2/1/2008

    wow. well this is interesting news. Great report!

  • Kim Linton2/1/2008

    I really don't like Microsoft. A hostile takeover? I look forward to the day when open source software is used by the masses. Great reporting on this Irene!

  • Lisa Riggs2/1/2008

    Thanks for the news...Excellent reporting Irene!

  • Irene L2/1/2008

    I just heard it on CNBC...

  • 3lilangels2/1/2008

    wow didn't hear this. thanks for this information. great for people to know this.

  • Veronica Davidson2/1/2008

    Good work, Irene.

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