Yahoo says no to Microsoft and refuses 44.6 billion dollars

The cda to Yahoo confirms that the group rejects the bid for Microsoft to 44.6 billion as the company of Bill Gates "dramatically undervalues" the group. offetta of the Microsoft of the first of February, consisted of $ 31 per share, a premium of 62% but after the fall of the actions Microsoft, the purchase takes a value of 41.8 billion dollars. The cda to Yahoo justifies, in a press release, its unanimous decision to refuse the offer Microsoft after it is made a careful analysis by the advisor and the release states that the Board has "unanimously agreed that the proposal does not is in the best interests of Yahoo! and our shareholders "and also states" after un'attenrta evaluation, the board believes that the proposed Microsoft significantly underestimate Yahoo and its brand "that in addition to" the future growth prospects and the potential growth in profits " Yahoo has around the world with a breadth of clients and has significant investments in advertising, but the note states that the cda "continues to evaluate all strategic options in a context of rapidly changing industry" and commitments to "seek initiatives that maximize value for all shareholders. " When the merger Microsoft - Yahoo had occurred, would have formed a more formidable competitor to Google in the information technology iformatica and advertising on the Internet.

Related posts

• The future of Yahoo and Microsoft together? (0)
• Yahoo tries relaunching with a new organization (1)
• Yahoo stall on Microsoft (0)
• S & P MIB levels 13 years ago (0)
• Microsoft hostile bid on Yahoo! (0)