Microsoft Offered $40 a Share For Yahoo

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."

Comments

Re:It's like watching ugly people kiss

[sexconker]

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.

Re:It's like watching ugly people kiss

[Anonymous Coward]

And no, stylish is not an opinion. That is a myth created by people who don't know what they hell style means. If you honestly believe that the idea of "style" isn't subjective, then it's you who doesn't know what the hell style means.