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FXstreet.com: Futures


FeedRank: 6/10  6/10  Very Good  ---  xml.fxstreet.com
FXstreet.com: Futures. ...

 

 
Monday, May 05, 2008 --- 80 days ago
Microsoft (MSFT: 29.24 0.00 0.00%) has decided to withdraw its bid for Yahoo (YHOO: 28.67 0.00 0.00%) as the price of $37 per share that Yang and the Yahoo board wanted was higher than the latest revised offer of $33 per share that Microsoft has made. This will probably lead to a blood bath in Yahoo shares on Monday as arbitragers who had bought the shares and expecting to sell them at $31+ will now have to exit their positions in a hurry. Since Yahoo is also traded on the Tokyo stock ...




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