This post was published 1 year 9 months 7 days ago which may make its actuality or expire date not be valid anymore. This site is not responsible for any misunderstanding.

Microsoft today announced that it has made a proposal to the Yahoo! Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. Microsoft’s proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer represents a 62 percent premium above the closing price of Yahoo! common stock on Jan. 31, 2008.

For more information see Microsoft press release

Source: Microsoft press release

gasusan2005 (1432 Posts) - Website | Twitter | Facebook