Runaway Dinosaur

For the love of the music…..

Micro-Hoo?

Posted by T Rex on February 1, 2008

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Back in November I posted the rumors that Microsoft was gearing up to make Yahoo an offer they couldn’t refuse.

This morning at 6:30am EST, Microsoft offered to buy Yahoo for $44.6 billion in cash and stock…..

At $31 per share, Microsoft’s bid represents a 62% premium over Yahoo’s current stock value. Based on Thursday’s closing price of $19.18 a share, Yahoo’s market capitalization was $25.63 billion, according to Yahoo Finance.

November Post- Microsoft Buying Yahoo?

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