Asia Domain Name Registration Limited: Microsoft offers improved make Yahoo stock rose significantly
Asia Domain Name Registration Limited reports: “The New York Times” Asia Domain Name Registration Limited–quoted an anonymous source disclosed the news reports said on Friday, in the negotiations with Yahoo, Microsoft raised acquisition price –”a few dollars.” Many analysts believe that Microsoft may bid for 35 dollars per share.
Microsoft and Yahoo representatives refused to comment on the negotiations, expected the negotiations will continue over the weekend.
In February this year, Microsoft offered to half cash and half stock acquisition of Yahoo’s bid, Yahoo claimed that Microsoft underestimated its value, immediately required Microsoft to provide a higher bid, Microsoft initially provided the bid has dropped to 42.3 billion U.S. dollars. This reflects the company’s stock price since the beginning of the pursuit of Yahoo has been lower.
Based on past 2002 profit fell to Yahoo, Microsoft CEO Steve - Steve Ballmer stressed that the company’s initial bid is fair. If he does not accept the threat of Yahoo Microsoft’s bid, Microsoft will conduct the proxy war.
Microsoft’s bid information to improve Yahoo’s stock rose by 1.86 U.S. dollars, or about 7 percent, to close at 28.67 U.S. dollars per share, in after-hours trading also rose by 80 cents.
May 6th, 2008 at 10:23 pm
[…] « Asia Domain Name Registration Limited: Microsoft offers improved make Yahoo stock rose significantly […]
May 14th, 2008 at 9:29 pm
[…] Financial Daily”: (Asia Domain Name Registration Limited)SMIC in a short span of years was great, this high-speed development on the basis of what is it […]