[Cue up the soap opera music]… Welcome to another episode of what’s happening this week at Yahoo! First some old news… Microsoft has given up trying to persuade the Yahoo board of directors, and instead is taking things directly to the controlling shareholders.
The other part to this saga is News Corp. and Yahoo trying to make a deal to combine companies. Apparently when it’s all said and done, dealing with News Corp. would increase the value of Yahoo to around $50 Billion.
Since Microsoft is taking things to shareholders News Corp. and Yahoo should have time to hash out a deal, but they better do it sooner than later I’m afraid.
Sphere: Related Content
Loading ...
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment