Rumors Flying On $20 Billion Microsoft Offer For Yahoo

Posted by ScuttleMonkey on Monday December 1, 2008 @11:12AM from the wishful-thinking dept.

gadgetopia is one of many who wrote to tell us about the many rumors flying around that Microsoft may be aiming another deal at Yahoo, this time for $20 billion. The story was apparently originally broken by the UK-based site Times Online, and contained lots of details about the supposed deal. Since then, Ross Levinsohn, reported to be part of the new management team, has denied there is any truth to these rumors, leading to questions about where all of this supposed information came from. Yahoo has declined to comment officially.

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Re:Sounds like pump-n-dump by Sunshinerat · 2008-12-01 16:27 · Score: 5, Informative

Correct, Yahoo owns a great deal of Google stock due to the patent dispute around online marketing.
Why Google is not taking care of this is kind of beyond me.

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Re:Sounds like pump-n-dump by fatwilbur · 2008-12-01 18:39 · Score: 5, Informative

Takeover offers are always, ALWAYS at a large premium to current share prices. This is what entices the shareholders to sell their shares to Microsoft (or whoever).