News Source: Miami Herald
| about 1 year ago
Shares plummeted $1.01, or 5.4 percent to close at $17.75 -- a price unseen since October 2003. The downturn left Yahoo's market value nearly $13 billion below what shareholders would received if the company had accepted Microsoft's takeover offer of...
News Source: Seattle Post Intelligencer
| about 1 year ago
Microsoft Corp.'s chief financial officer said Thursday that the chances of the software maker buying Yahoo Inc. are still "negligible." "You never say never, I can never say that, but it's so close to negligible," Chris Liddell said Thursday at a...
News Source: Sydney Morning Herald
| about 1 year ago
The downturn left Yahoo's market value nearly $US13 billion below what shareholders would received if the Sunnyvale-based company had accepted Microsoft's takeover offer of $US33 per share in May. Microsoft sweetened the offer after Yahoo repeatedly...
News Source: The New York Times
| about 1 year ago
Shares of Yahoo , which fended off an unwelcome takeover bid from Microsoft earlier this year, hit their lowest level in nearly five years on Thursday. The drop of 5.4 percent left Yahoo’s stock at $17.75, a low not reached since October 2003. The...