Author Topic: Yahoo rejects Microsoft approach  (Read 2694 times)

Offline Prince

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Yahoo rejects Microsoft approach
« on: February 11, 2008, 10:52:39 PM »
Yahoo has rejected a takeover bid worth more than $40bn (?20.5bn) from software giant Microsoft because it is too low.
Yahoo said the offer "substantially undervalues" the company and is not in shareholders' interests.

Microsoft's offer was worth $31 a share, 62% above the level at which Yahoo stocks were trading when the offer was made on 1 February.

A merged Microsoft and Yahoo would be one of the biggest technology firms, and would rival industry leader Google.

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« Last Edit: February 12, 2008, 11:33:13 PM by Prince »

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Yahoo rejects Microsoft approach
« on: February 11, 2008, 10:52:39 PM »

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Offline adewale

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Re: please i need help!!!!!!!!
« Reply #1 on: February 13, 2008, 04:33:20 PM »
Lucky google

Offline Prince

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Re: Yahoo rejects Microsoft approach
« Reply #2 on: February 13, 2008, 06:02:00 PM »
Lucky indeed.

Nigerian Best Forum . NBF

Re: Yahoo rejects Microsoft approach
« Reply #2 on: February 13, 2008, 06:02:00 PM »

 

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