[SATLUG] Microsoft makes offer to buy Yahoo!
bruce.dubbs at gmail.com
Fri Feb 1 13:39:27 CST 2008
This whole thing seems fishy to me. $44B is far more than their
available cash of $19B. I don't know who really would want their (MSFT)
stock that has been essentially flat since 2000. They do pay a dividend
of $0.44/year or about 1.25% of the cost of a current share -- about
what my checking account pays.
I guess the current owners could just sell any stock received at a
profit and walk away, but I just don't see the financial advantages to
the purchase. I guess I'll have to ask my friends from Enron.
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