BUSINESS BLOGS
BUSINESS BLOGS
category: business
13 Jun 2008

Microsoft offered $44.6B to acquire all of Yahoo! in early February.

Yahoo! Chief Yahoo spent 4 months trying to make that go away… today he settled for $800M in top line incremental revenue.

That means in some 50+ years (44.6B/$800M), investors will be indifferent.  So net-net, “Jer”gets what he wants today, investors can go pound sand and come back in 2024.

Way to go, Jer.

Note: unloaded my YHOO shares at $30 (75%), $29 (20%) and then $28 (last 5%)…