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Originally Posted by Mikael  I really hope Yahoo's bod & biggest shareholders won't approve this. |
I should have bought Yahoo! shares, but I wanted to see google's results before buying! Damn.
If the deal is not approved, I think Yahoo! goes back to $19-a-share.
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Originally Posted by Luwalira When a company want to buy competitor they alway offer more than the market value in order to make the share holders let go of their shares. |
Yeah, exactly. You always have to offer a takeout premium. Also, if they offered only a 30% premium to Yahoo's recent price, which was hit by their earnings report, Mr. Softy might look too opportunistic. I think 60% premium is designed to be a knockout bid.