Yahoo! and the price of a (hostile?) take-over
It seems that Yahoo! will resist the temptation, refusing the (hostile) take-over. So, the $31 a share Microsoft was ready to pay to buy Yahoo! will not grant the Redmond base company to boost its arsenal in the war against Google. Yahoo!, it was told, will not be sold to the first competitor ready to put $45 billion on the table.
Yes, I thought, the freedom is not for sale!
He he he, clearly I misunderstood one little joke: the first to offer $45 Billion in a hostile take-over will be denied the access to Yahoo!… but maybe if the share price would grow to $40 well… yes… maybe the things could be different. Indeed Yahoo! is not “for sale”, but for as little as $57 billion, a hostile take-over could reach the board of directors under a different light! It is the Wall Street Journal (again) to leak the news.
Go Microsoft, Go!
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