Sunday, May 04, 2008

Post-Microhoo: Winners and losers | Coop's Corner : A Blog from Charlie Cooper - CNET News.com

Yeah, it's going to be an ugly Monday for Jerry Yang, if he doesn't have some shareholder-distracting tricks up his sleeve

When Wall Street opens on Monday morning, I wouldn't want to be holding shares of Yahoo. After the company effectively put the kibosh on what would have been a 70 percent premium, investors are going to have a fit. In his letter, Ballmer said Microsoft was going to raise its offer to $33 a share, or another $5 billion, but the deal fell apart because Yahoo wanted even more.

Post-Microhoo: Winners and losers | Coop's Corner : A Blog from Charlie Cooper - CNET News.com

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