On 31st January, 2008, Microsoft CEO Steve Balmer wrote a memo to YAHOO in search of obtaining the business at a 62% premium above that day's closing stock price.
Yahoo's board, headed by CEO Jerry Yang , unanimously declined this first offer-prompting Microsoft to make several subsequent attempts to close a deal. This case summarize and discusses process over a three-year span between Yahoo and Microsoft, asking student to assess whether Microsoft's offering prices were in line with the worth of Yahoo.
PUBLICATION DATE: November 08, 2012 PRODUCT #: CU66-HCB-ENG
Microsoft's Attempt to Acquire Yahoo A Case in Letters Case Study Solution
This is just an excerpt. This case is about FINANCE & ACCOUNTING
Related Case Solutions & Analyses:
Global Financial Corporation
An Improved Method For Managing Catastrophic Supply Chain Disruptions
Flexible Footprints: Reconfiguring MNCs for New Value Opportunities
Saks Incorporated
John Varley And Clinton Devon Estates (A
Kipling (B): An Entrepreneur In Stormy Weather
Learning To Lead In China: Antonio Scarsi Takes Command (Cartoon)
Lyncee Tec Sa: Scaling Up A Technology Venture
Manhattan Project: Leading Genius
Warren E. Buffett, 1995 (v. 1.7)
