Adotas

Where media buyers start online







News

Microhoo: Back From the Dead?

Written on
Oct 10, 2008 
Author
Kathleen  |
Share
Microhoo: Back From the Dead?

yahoo_dark_small.jpgADOTAS – Yahoo’s rejection of Microsoft’s $31 a share acquisition offer is looking mighty silly now as it hovers around $12.30 a share as of 12:08 p.m. Whoopsie! But Yahoo isn’t the only tech stock that’s plummeting, of course.

Google was down to $323.86 today (from $580 earlier in the year) and Microsoft hovers around $21 a share.

At least one Yahoo shareholder, Mithras Capital, is hoping to resuscitate the Yahoo/Micro merger (and cash in on lost capital), proposing that Microsoft buys Yahoo for $22 per share. Mithras owns about 1.9 million shares, or 0.14% of Yahoo.





Reader Comments.

This is truly hilarious. Yahoo shouldve taken the deal long before this current financial collapse. But now, I don’t think Yahoo is worth more than $18 a share. Why would Microsoft be willing to pay $22 a share for YHOO when YHOO is so weak? I also don’t think with this environment, the DOJ is going to look kindly on Google and Yahoo’s little deal. I think Yahoo is done. It’ll languish and maybe stay afloat. But it really doesn’t have any initiative that will make it any better. Nor does Microsoft. Neither seem very innovative with search.

Posted by AK Works | 11:11 am on October 13, 2008.

Leave a Comment

Add a comment

No Tags
Article Sponsor

More News



  • Are you taking advantage of Twitter's new geolocation service?
    Loading ... Loading ...

Polls Archive

Latest News

News Archive

Spotlight

AdBidCentral’s CEO, Vivek Veeraraghavan Talks Openly*What was the inspiration to start AdBidCentral? The conditions that inspired AdBidCentral came from a variety of factors in my personal [...] more...


Adotas Partnership