How much is your company really worth when the company trying to take it over decides to lower their bid?
Microsoft Corp is evaluating its bid for Yahoo Inc because the Internet company may have lost value since Microsoft made its offer, people familiar with the matter said on Friday.
The news, first reported by Reuters, sent Yahoo shares down more than 5 percent in extended trade.
After weeks of silence, recent comments from various sources to journalists suggest the software maker is hardening its stance and pushing Yahoo for action.
Ain’t it funny how everyone thinks the acquisition of Yahoo by Microsoft will ruin Yahoo, yet just a couple months ago everyone said Yahoo was worthless anyway?
I wouldn’t pay money for Yahoo. Then again, I wouldn’t pay money for a lot of things.
Also posted at The Alligator Pit
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