After not being able to reach an agreement on the price and other terms, the negotiation fell apart and Microsoft is now withdrawing its offer to buy Yahoo! (Reportedly, Microsoft’s final offer was $33 a share while Yahoo wanted at least $37.) See Microsoft’s official press release here. Yahoo’s official response is here.
Personally […]
I'm Allen Hsieh, a management consultant currently based in Shanghai, China. I'm especially interested in the IT & Web2.0 business and track
mergers & acquisitions in this industry. Hence this blog... I hope you find it useful!
Here's my profile on Facebook.com!