Friday, February 1, 2008

Microsoft to buy Yahoo?

Less than 2 hours ago, word came down that Microsoft execs met with Yahoo's Board - and offered them $31 per share. For those of you keeping the math - currently, Yahoo is trading at $28.5, and an offer of $31 puts the deal at about $44.6 Billion dollars.

Yahoo's profit in 2007 declined to "only" 206 million.... yea

Here's the story from AP on Yahoo

No comments:


blogger templates | Make Money Online