FSOwner
FS Owner
A Yahoo Inc. investor yesterday proposed that Yahoo sell itself to Microsoft Corp. for $22 a share, according to a report from the Reuters news service. Yahoo was trading at $12.84 at 10 a.m. EDT on Friday.
Mithras Capital - which owns 1.9 million shares or 0.14 % of Yahoo - said that once the deal concludes. Microsoft could sell off Yahoo's Asian assets and non-search business to gain $3 billion in cost savings and $2.8 billion in tax benefits. Once the dust settles, Mithras said, Microsoft would have paid $10 billion for Yahoo's search business -- $2 billion less than it offered earlier this year, according to the report.
View Full Article: Computerworld
Mithras Capital - which owns 1.9 million shares or 0.14 % of Yahoo - said that once the deal concludes. Microsoft could sell off Yahoo's Asian assets and non-search business to gain $3 billion in cost savings and $2.8 billion in tax benefits. Once the dust settles, Mithras said, Microsoft would have paid $10 billion for Yahoo's search business -- $2 billion less than it offered earlier this year, according to the report.
