Microsoft's board meet today to evaluate its options in an attempt to acquire
Yahoo.
Microsoft is evaluating an offer of as much as $32 to $33 per share, well over the present $29.12 value of Microsoft's offer, but "major Yahoo shareholders" are angling for $35 to $37 per share, the Wall Street Journal reported.

2 comments

Anonymous May 1, 2008 at 8:14 PM

Today an article in the Wall Street Journal (Ballmer Says Microsoft Can Build Ad Business Without Buying Yahoo) quoted Microsoft Chief Executive Steve Ballmer, saying he is confident that his company can build a competitive online-advertising business without buying Yahoo Inc., but that it "could just take more time." Ballmer went on to say that he wouldn't pay "a dime above" what he thought Yahoo was worth.

My $0.02:
Considering MS wants to pay $33 per share and Yahoo shareholders are holding out for $35 to $37 per share, Microsoft could easily walk and pursue other options. Also, rumors of AOL merging with Yahoo add yet another twist. Anyone care to speculate what's next?
Anonymous May 2, 2008 at 5:14 AM

imho, this transaction never will be

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Microsoft board mulls higher Yahoo offer

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