Business
Microsoft’s Offer Too Low, Yahoo! Acquired Video Services $160 million
Yesterday, Yahoo! Board of Director rejected Microsoft’s $44 billion bid over the company saying that the over is under value as the company value is more than $50 billion. An hours latter, Microsoft quickly response to the announcement with the statement:-
Microsoft Proposes Acquisition of Yahoo!
Microsoft Corp announced that it has made a proposal to the Yahoo! Inc. 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 […]
