Microsoft bid $31 a share, or $44.6 billion, for Yahoo! in March. The value of that cash-and-stock offer has fallen with the decline in the price of Microsoft shares. The offer was considered a 62% premium to Yahoo!'s prior price.
Yahoo! has also sought a relationship with Time Warner's(TWX Quote) AOL division as an alternative to a merger with Microsoft.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,246.97 | 1,093.01 | 2,151.08 | 34.82 |
Oil *
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UP
20.03
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DOWN
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DOWN
2.98
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0.04
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10 Yr
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SPDR Gold
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