Wednesday, February 6th 2008
Microsoft May Need Additional Funds to Purchase Yahoo; Yahoo Still Negotiating
Here's your update to the whole Microsoft-Yahoo situation: Microsoft may actually not have enough money on them to buy Yahoo outright. Or, even if they do, they somehow see a need to borrow a fair size of money to do this. The reason Microsoft sees the need to borrow money is the current state of negotiations. Yahoo, if they agree to be acquired, wants half the funds as a stock buy-out and half as cash. While Microsoft has $21 billion to spend on such a venture, Yahoo requires about $23 billion, and Microsoft doesn't feel like depleting the whole bank over a business deal.
However, while Microsoft works out loan terms, Microsoft may not need the money after all. Yahoo is seriously considering turning down the offer. Even if they accept any offer to be bought out, Yahoo has stated that they're more likely to accept an offer from Google...
We'll keep you posted as this whole debacle unfolds.
Source:
DailyTech
However, while Microsoft works out loan terms, Microsoft may not need the money after all. Yahoo is seriously considering turning down the offer. Even if they accept any offer to be bought out, Yahoo has stated that they're more likely to accept an offer from Google...
We'll keep you posted as this whole debacle unfolds.
8 Comments on Microsoft May Need Additional Funds to Purchase Yahoo; Yahoo Still Negotiating
What next ? Undred of employes cuted off...Rizing prices to pay for merge...Man we are testiffiyng again the reborn off Monopolyes , precicely what our father´s fygthed against...the reborn off economic ditater´s.
Now is missing INTEL/Nvidia ???.:wtf:
And as to this matter of needing a loan to buy Yahoo... They should just ask Bill Gates for some money.
Source: TechCrunch (2007)