Europe Web Hosting Directory
» about us  
» advertising  
» contact  
  » home     » low cost web hosting     » business class hosting                            
Unix Windows Budget Reseller Shared Dedicated
Find Hosting Providers By Country
United Kingdom | Germany | France | Italy | Spain | Romania | Netherlands | Portugal | Czech Rep. | Sweden | Greece | Austria | Switzerland | Denmark | Slovakia | Ireland | Norway | Estonia | Latvia | Lithuania | Slovenia | Croatia | Finland | Luxembourg | Russia | Ukraine | Serbia & Montenegro | Bosnia & Herzegovina | Poland | Bulgaria | Hungary |
Microsoft.com\'s Yahoo Buy out Offer Rejected

Microsoft.com\'s Yahoo Buy out Offer Rejected - 2008-02-16

Several newspapers and news agencies say Yahoo's board will on Monday dismiss the $44.6bn (£22.9bn) offer as being inadequate.

When it was made, Microsoft's $31 a share offer was 62% above the level at which Yahoo's shares were trading.

Yahoo's shares closed on Friday at $29.20, which may suggest doubt that the offer will be successful or that a higher price will be offered.

A source quoted by the Wall Street Journal said that Yahoo's board would be unlikely to consider anything below $40 per share.

Falling shares A $40 a share offer would be a 109% premium to the $19.18 closing price of Yahoo's shares the day before the original offer was announced.

Yahoo's shares have not traded above $40 for two years.

Although its shares have fallen sharply since then, Yahoo's websites remain among the world's most popular.

Yahoo's share price falls have come as it has struggled to compete with Google, which has also been a big competitor for Microsoft.

Microsoft's shares have fallen 12% since it made its offer, which may reflect concerns that it has already offered too much or that such a large deal would distract its management away from its core software business.

As a result of the falling share price, Microsoft's cash and share offer is now only worth $41.8bn.

Microsoft and Yahoo have both declined to comment on the reports.
Web Hosting News
Aplus.Net Alters Dedicated Hosting Plans
Host Color Adds 6 Months of Free Service and Ssl to Shared Hosting Plans
The Planet Announces Latest Results
Cirrus Tech Ltd To Reduce Prices With 30%
Auction: Computers.us
Pingdom Tools v2.0 Are Out!
Comodo’s Free Firewall Pro Hits 40,000 Installations Per Day
DreamHost Reveals $7.5 Customers Overbill
Storm Worm Causes Havoc
DemoWolf release new tutorials
 
HostColorEurope.com - Web Hosting
Featured Web Hosting Providers
Datacenter Luxembourg offers infrastructure, International Internet & Telco Connectivity, Managed E-Commerce, and Housing Services. Luxembourg offers many advantages for locating your Internet or Company Servers. Apart from excellent communications links, the country has recently adopted laws absolving the server operators from responsibility for the content of data stored on these servers, while securing this data on behalf of the owners.
Web Host Talk | Best Web Hosting | Canadian Hosting | Top Web Hosts | Business Web Hosting | Daw Hosting Blog | VPS Hosting
about us   | advertising   | submit provider   | webmaster   | contact