TITLE

Climax Near for Microsoft, Yahoo?

AUTHOR(S)
Schachter, Ken
PUB. DATE
May 2008
SOURCE
Red Herring;5/2/2008, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the status of the deal between Microsoft and Yahoo Inc. as of May 2, 2008. Robert Becker, an analyst with Argus Research, claimed that Wall Street foresees a 61% chance that a deal will close at $33. His formula is based on a current price for Yahoo of $28 and a price, if no transaction takes place of $20. Wall Street in New York, New York finds the silence about the negotiation of the deal as a bullish sign and put Yahoo Inc.'s shares $1.08, or 4 percent, to $27.92 in afternoon trading.
ACCESSION #
36834892

 

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