Tuesday, March 27, 2012

Yahoo CEO hopes to avoid a takeover by Microsoft


Jerry Yang (Jerry Yang), executive director of Yahoo, yesterday, February 6, in an e-mail to employees said the company is still considering various ways to avoid a takeover by Microsoft.





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Recall that the 1 February, Microsoft sent the board a proposal to acquire Yahoo for $ 44.6 billion. The company is willing to pay for each share of Yahoo $ 31, which is 62% higher than their price at the close of trading, reports the AP. Software giant offers Yahoo shareholders to exchange their shares either for cash or for shares of Microsoft. The total transaction amount will be paid half in shares and half - in cash.



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