$20.6B price way down from 2008
(NEWSER) - The good news: There are plenty of suitors shopping for the 19.9% minority stake Yahoo is peddling. The bad news: Everybody's looking for a deal. A Microsoft-linked private equity group has put in a bid that values the onetime behemoth at $20.6 billion, reports the Guardian —less than half the $44.6 billion that Microsoft offered three years ago. And at $16.50 per share, that offer is just slightly more than Yahoo's $15.70 share price, though another group is offering $1 per share more. "The offer is disappointing," said one analyst. "Investors who've been buying Yahoo recently were hoping for a significant premium and a takeout of the full company, and this falls short on both counts." More»
