Microsoft offers an acquisition of Yahoo! for $31 a share, totaling in an equity value of $44.6 Billion . Microsoft’s proposal represents a 62% premium to Yahoo’s current trading price, but will Yahoo take it? Yahoo has been struggling recently – the stock declined 38% and plans were made to lay off 1000 employees. From …
eBay’s Paypal acquires Israel’s Fraud Sciences for $169 million, 12 times the return for investors
In an effort to fight fraudulent transactions and boost trust in online purchases, Paypal, the online payment service of eBay (NSDQ: EBAY), bought Israel/California based Fraud Sciences for a whooping $169 million in cash. Fraud Sciences is has developed online risk management tools over the course of five years, creating propitiatory technology that identifies fraudulent …
