Yahoo to Microsoft: We're Worth More

Schachter, Ken
February 2008
Red Herring;2/9/2008, p1
Trade Publication
The article discusses the reaction of Yahoo Inc. regarding Microsoft Corp.'s offer of $31 per share, valuing the company at $44.6 billion. An anonymous source in a "Wall Street Journal" report stated that Yahoo Inc.'s board of directors is sending a letter to Microsoft Corp. to explain why it is rejecting the offer. The source furthered that Yahoo Inc. is unlikely to accept a bid below $40 per share, which would value the company 29% higher than the original offer.


Related Articles

  • Microsoft to Go Hostile--Report. Schachter, Ken // Red Herring;2/19/2008, p4 

    The article discusses the rejection made by Yahoo Inc. to Microsoft Corp.'s $44.6 billion offer in 2009. Yahoo Inc. Chief Executive Jerry Yang sent wrote to its shareholders making a case for continued independence, or at resistance to the initial bid. Microsoft stated that it has the right to...

  • Big Yahoos Meet. Schachter, Ken // Red Herring;4/11/2008, p2 

    The article reports on the meeting held by the board of directors of Yahoo to discuss about the implications of Microsoft's takeover bid. Uneasiness among investors has led to a decline of Yahoo's shares by $.31 or 1.1%, to $28.28, while Microsoft's shares also slid down $.52, or 1.8%,to $28.59....

  • Microsoft Ready to Deal--With Icahn. Schachter, Ken // Red Herring;7/7/2008, p1 

    The article reports that Microsoft is willing to make a deal with Yahoo if its shareholders can unseat its board of directors. The company revealed that it has negotiated with billionaire investor Carl Icahn. The firm notes that it cannot reach a deal with Yahoo's current management and board...

  • A YAHOO POWER PLAY. Garrett, Diane // Daily Variety;7/8/2008, Vol. 300 Issue 2, p5 

    The article reports that Microsoft Corp. is considering acquiring Yahoo! Inc. or have a search deal with it if the board of directors led by Jerry Yang are made to leave and a new board set up in its place. It reports that major shareholder Carl Icahn has written to shareholders about his talk...

  • Yahoo deal on the brink. Bond, Paul // Hollywood Reporter -- International Edition;4/25/2008, Vol. 404 Issue 28, p37 

    The article reports about the complications associated with the acquisition of Yahoo! Inc. by Microsoft Corp. Microsoft threatened to walk away from its offer to buy Yahoo for roughly $31 a share if the Internet search portal doesn't accept its offer. Microsoft's bid for Yahoo is in the $43...

  • Microsoft Should Buy Out Yahoo Pronto: 10 Reasons Why. Reisinger, Don // eWeek;5/14/2012, p4 

    The article offers information on the reasons why software products and services provider Microsoft Corp. should acquire online company Yahoo. Topics discussed include Yahoo's cheap share value, Board of Directors, and technology company Google Inc. Also mentioned include online advertising,...

  • Microsoft Could Raise Yahoo Bid.  // Red Herring;2/6/2008, p10 

    The article considers the possibility that Microsoft Corp. will raise its bid for Yahoo shares. Yahoo shares closed on February 3, 2009 at $28.98, more than $2 below the $31 price Microsoft offered in February. Microsoft shares have dropped about 12 percent since that offer was made, potentially...

  • Yahoo Snaps Up Analytics Firm IndexTools. Schachter, Ken // Red Herring;4/9/2008, p3 

    The article reports on the deal of Yahoo Inc. and Hungarian Web analytics company IndexTools in 2008 that is also known as Tensa Kit. The deal is expected to close in the first half of 2008. This move came since investors' attention remained upset about Microsoft Corp.'s $31 per share takeover...

  • Search buying after Yahoo-Microsoft deal.  // DM News;6/7/2010, p17 

    The article offers tips from experts on how search marketers can prepare themselves for the search deal between Yahoo! Inc. and Microsoft Corp. in the U.S. Chris Tuleya, director of search at Underscore Marketing LLC, suggests that marketers should take an approach that focuses on site-side...


Read the Article


Sign out of this library

Other Topics