Microsoft Proposes Acquisition of Yahoo! For $31 Per Share

Lots of stories breaking this morning about Microsoft’s offer to buy Yahoo! for $31 per share. According to the publicly released letter from Steve Ballmer to Jerry Yang, it looks like Yahoo! rejected an earlier Microsoft overture in February 2007.

With the troubles that Yahoo! has been having lately, including announced layoffs, this seems like a very attractive offer from Microsoft.

 

Technorati Tags:
This entry was posted in Microsoft. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s