There are certain rules in life, one being, If Microsoft offers you $47.5 billion ($33 per share) for your company – SELL!
It doesn’t matter you you are, what you do or (often) what principles you have, a) it’s Freaking Microsoft and b) it’s $47.5 billion dollars!
Why would you not sell to them when they’re offering $33 per share and the same day watch your shares drop to $23 per share (July 12 1729 est).
Either Yahoo has something huge planned or they’re just plain crazy.
So, you want $37 per share – you’ve lost your corner of the market, Google still dominates and you might have had a fighting chance if you teamed up with one of the other top search providers and the World’s #1 software manufacturer but noooooo.
Apparently Yahoo says that only $33 per share wouldn’t be in their shareholders best interests…. and $23 is?!
Read more in today’s Post Gazette