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Member Since: 12/2007Last Seen: 11/21/2009

Microsoft says it is ending bid for Yahoo

"Microsoft Corp. said Saturday it has withdrawn its proposal to acquire Yahoo Inc. and will not pursue a hostile bid for the Internet company."

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{"commentId":1763020,"authorDomain":"patsym546"}

"Microsoft said the breakdown came despite having raised the bid to $33 a share, or $5 billion above what it said was the current value of the offer and a 70% premium compared to its original offer."

Wow, I didn't see that coming...

{"commentId":1763020,"threadId":"259261","contentId":"1467815","authorDomain":"patsym546"}
    Reply#1 - Sat May 3, 2008 10:08 PM EDT
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