Microsoft rumored to have upped the offer for Yahoo
May 4th, 2008 Leave a comment Visited 21 times, 1 so far today
Microsoft rumored to have upped the offer for Yahoo
Market sources claim that Microsoft has now enhanced its acquisition offer value for Yahoo.
Yahoo had rejected the earlier bid of $44.6 billion, or $31 per share.
Both the companies have yet not commented on this report first published by The New York Times.
Market sources say that Microsoft could afford to pay up to $35 a share for Yahoo.
This latest rumor in the market boosted the Yahoo stock at the market by around 80 cents in extended trading.
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