Slashdot Mirror

← Back to Stories (view on slashdot.org)

Microsoft Offered $40 a Share For Yahoo

Posted by kdawson on from the maximizing-shareholder-value dept.

fistfullast33l writes "Bloomberg is reporting that a recently unsealed court case by shareholders against Yahoo reveals that Microsoft offered $40 a share for the Internet search company in January 2007 and Yahoo turned it down. We've extensively discussed Microsoft's bid for Yahoo earlier this year for $33 a share, which was rebuffed. Investor Carl Icahn has launched a proxy fight against Yahoo over the spurning of the Microsoft deal." CWmike notes Computerworld's coverage of the revelations: "The complaint places much of the blame on [Yahoo CEO Jerry] Yang, describing him as someone with a 'well-known' antipathy toward Microsoft who acted out of a personal interest to keep Yahoo independent. Something wrong with that? Oh, yeah... public company."

1 of 306 comments (clear)

  1. Re:It's like watching ugly people kiss by sexconker · · Score: 1, Flamebait

    Don't worry about seanadams (or his dot com).

    Nothing he said made any logical sense, he's just an anti-MS, pro Google fanboy.