April 30, 2008 12:52 PM PDT
Report: Microsoft board mulls higher Yahoo offer
Microsoft's board of directors met Wednesday to evaluate options in its attempt to acquire Yahoo, The Wall Street Journal reported.
An announcement of the board's conclusions could come after the meeting, the newspaper said, citing people familiar with the situation.
Microsoft is evaluating an offer of as much as $32 to $33 per share, well over the present $29.12 value of Microsoft's offer, but "major Yahoo shareholders" are angling for $35 to $37 per share, the paper reported.
Stephen Shankland covers Google, Yahoo, search, online advertising, portals, digital photography, and related subjects. He joined CNET News in 1998 and since then also has covered servers, supercomputing, open-source software, and science. E-mail Stephen.
- Tags:
-
Microhoo,
-
Microsoft-Yahoo acquisition,
-
board,
-
Yahoo
- Share:
- Digg
- Del.icio.us
they can just spend $5 Bn to make a BETTER Yahoo from ZERO and SAVE over $40 Bn to buy something else or (best) spend them for charity and support to poor countries
---------------------------
ghostNASA - NewSpaceAgency