Another Shareholder Picks on Yahoo over Failed Microsoft Deal

Tuesday, 29 July 2008

Adding to the list of Yahoo shareholders who are “furious” about the failed Microsoft-Yahoo deal is billionaire investor T. Boone Pickens who has to sell his Yahoo shares at a lossĀ  because he was tired of waiting for the deal to materialize.

Interestingly, Mr. Pickens bought his share last May with the hopes that he would gain from the stock purchase once Microsoft acquires Yahoo at the original price of as much as $41. His disappointment towards the Yahoo management grew even stronger with the falling prices of Yahoo share which currently stood at a low $20.12. Microsoft’s final offer was at $33. Hence, we couldn’t blame Mr. Pickens for calling the Yahoo management pathetic if we have to imagine how much he must have lost. (more…)

Comments

Post A Comment

Sebster - SEO News And Blog Archives

Friday, 21 November 2008

Check out our new Archives. For more information please check these links Medical Information Medical Information 1

Body Jewelry Online

Friday, 21 November 2008

Navel Rings , tongue rings and body jewelry

Blog Pages