And the saga continues: After a week of speculations, we thought we’ve heard everything. It started with Microsoft’s bid. Then rumors said that a PE firm will come to the rescue. Google couldn’t just be a bystander and added oil to the fire by offering Yahoo a sweet advertising deal and a larger piece of …
Continue reading “Yahoo plans to say no to Microsoft but yes to… AOL?”
Amid turbulence of acquisition by Microsoft, News Corp, Private Equity funds and now a ‘help’ offer from Google, Yahoo! is not resting on its laurels. Following almost a month of rumors, PaidContent confirms that Yahoo! has bought Israel-based FoxyTunes, for an undisclosed amount. This is part of a larger move that Yahoo is making around …
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 …
