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Yahoo's efforts to fight off Microsoft last year cost $79 million, according to the company's Friday filing with the Securities and Exchange Commission.
Yahoo spent much of that bill on outside advisers who helped the company weigh Microsoft's proposals, which ranged from a total buyout bid for $33 a share to an eventual offer to acquire only Yahoo's search business. Yahoo rejected all of Microsoft's proposals.
View Full Article: ZDNet News
Yahoo spent much of that bill on outside advisers who helped the company weigh Microsoft's proposals, which ranged from a total buyout bid for $33 a share to an eventual offer to acquire only Yahoo's search business. Yahoo rejected all of Microsoft's proposals.
