Henry Blodget: Microsoft’s Brilliant Bid for Yahoo!
Microsoft took a page out of Rupert Murdoch’s book and made an offer for Yahoo that Yahoo can’t refuse.
The $31 a share bid represents a 62% premium over the stock’s closing price and will look like manna from heaven to Yahoo’s beleaguered shareholders. Yahoo CEO and Founder Jerry Yang and the re …
Original post by (Reuters)
Leave a Reply