Thursday, November 6, 2008

$33 - $13.96 = ???

"To this day, I believe the best thing for Microsoft to do is to buy Yahoo" - Jerry Yang, CEO of Yahoo, just few hours after Google walked away from ad-search deal with Yahoo.

Yahoo traded as high as $28 back when Microsoft made offer of $33. Microsoft walked away since Yang insisted on $37 that time. Today Yahoo closed at $13.96.

Now that’s maximizing value for shareholders ... of course those of Microsoft!!

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