Microsoft signs NDA with Yahoo
Looks like Microsoft has not given up on buying Yahoo, or at least as rumors go, participating in the purchase of Yahoo with other private equity investors. According to market news service TheFlyOnTheWall.com, Ballmer and the Redmond Boys have signed an NDA with troubled Yahoo to taker a deeper dive into their affairs and see if they can make a deal happen. It was back in 2008 when Microsoft made an offer for Yahoo for $33.00 a share or at the time $47.5 billion dollars. Today, the stock value has plunged to $15.27 which is up with the Microsoft news.
I’ll get Yahoo added to our Stock plugin on the sidebar so you can all can follow the progress.
[read]
Related Posts
About The Author
admin
Fascinated with technology, saltwater aquariums and black holes. Handy with power tools or sarcasm and is an avid Clash of Clans addict.
Please add the YHOO to the stock ticker. 😀
I added it. Not sure how Simmons coded it to pull the stock name and appear in a common name but I will check on that later…
Ok, now it appears.
Maybe no one knows that part of the NDA is that you’re not supposed to talk about the existence of the NDA…oh well, just means it’ll keep getting breached and MSFT will throw too much money at Yahoo again…
But now it is a 50% off sale for Yahoo! Wait again and see if the price drops below $10
Lol, probably would go down to penny stocks bin if they reject anything now.