<< Read Full Article

Report: Microsoft Board Mulls Yahoo! Options

Stock quotes in this article: MSFT , YHOO , TWX , GOOG  

SAN FRANCISCO - Yahoo!(YHOO Quote) and Microsoft(MSFT Quote) are reportedly meeting Wednesday in an effort to end a merger standoff between the two companies.

Unnamed sources have told the Wall Street Journal that both sides are trying to reach an agreement on price. Microsoft, which on Jan. 31 proposed an unsolicited takeover of Yahoo! for $31 a share, is now allegedly poised to offer as much as $32 or $33 a share. But major Yahoo! shareholders are gunning for something in the range of $35 to $37 per share, the Journal said.

Yahoo! could not immediately be reached for comment. Microsoft offered no comment beyond its previous statements on its Web site. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services