itaewonguy

Joined: 25 Mar 2003
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Posted: Sat Nov 08, 2008 11:40 pm Post subject: YAHOO |
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Is jerry yang screwed or what?
he had an offer from Microsoft to buy his company for 33 dollars a share
47 billion dollars
the price the shares were trading at.. Jerry wanted 37 dollars a share..
microsoft said NO NO NO, many times.. jerry stuck to his guns, even though the board members hated him for it... and now 3 months later after microsoft said ok fine we dont want your company, sell it to someone else for 37 dollars..
yahoo shares are trading at 12 dollars.. have lost 60% in value..
Jerry is begging Microsoft to make another bid for this company but they are not interested now... google wants nothing to do with them,
could this be the end of yahoo???
is microsoft just holding out until the shares fall below 10 dollars and then buy the company at a steal price..??
Was jerry yang a complete tosser for not selling at 33??
but my question is..
is it a good time to buy YAHOO Stock?? |
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