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April 30, 2008 12:52 PM PDT

Report: Microsoft board mulls higher Yahoo offer

Posted by Stephen Shankland

Microsoft's board of directors met Wednesday to evaluate options in its attempt to acquire Yahoo, The Wall Street Journal reported.

An announcement of the board's conclusions could come after the meeting, the newspaper said, citing people familiar with the situation.

Microsoft is evaluating an offer of as much as $32 to $33 per share, well over the present $29.12 value of Microsoft's offer, but "major Yahoo shareholders" are angling for $35 to $37 per share, the paper reported.

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Add a Comment (Log in or register) 1 comment (Page 1 of 1)
>>> they can just spend $5 Bn to make a BETTER Yahoo and SAVE >>>
by spacebatman May 1, 2008 7:23 AM PDT
. they can just spend $5 Bn to make a BETTER Yahoo from ZERO and SAVE over $40 Bn to buy something else or (best) spend them for charity and support to poor countries --------------------------- ghostNASA - NewSpaceAgency
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