Tuesday, February 12, 2008

Was a Private Equity Bid for Yahoo Thwarted by Microsoft?

February 11 - Seeking Alpha - Last week, before the Microsoft deal was rejected by Yahoo's Board, some interesting chatter was bouncing around NYC.

The latest rumor to make the rounds was that Yahoo was just about to announce a negotiated transaction for the sale of the company to an East Coast private equity firm. Then Microsoft stepped in the way. We first heard this story sometime between Mister Softee's $31/share, $44 billion hostile bid, and this weekend's rejection of that offer by Yahoo as an insufficient valuation for all of Yahoo's properties. Read More.

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