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Shares of Yahoo fell 15 percent in Monday after Microsoft withdraw its offer of 47.5 billion dollars by the Internet.
After three months of negotiations, the president-executive of Microsoft, Steve Ballmer raised his proposal to 33 U.S. dollars per share - the initial offer was 31 dollars - but Yang maintained its position calling for 37 U.S. dollars.
With information from Reuters.
Source: MaxPress
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[...] Blog CrÃ'nicas wrote an interesting post today on Yahoo! is still open to negotiations ¡§ times with MicrosoftHere'sa quick excerpt ... Microsoft will withdraw its offer of 47.5 billion dollars by the Internet .... ... News agency Reuters that it was Microsoft who left the bargaining table & ... After three months of negotiations, the president-executive of Microsoft, Steve Ballmer raised his proposal for 33 dol ... [...]