 |  | ||||||
| |||||||
Belief is a powerful thing in this valley of hopes and dreams. Yahoo's board is set to reject Microsoft's offer to buy the company at $31 a share. Instead, Jerry Yang and Yahoo's other directors are seeking at least $40 a share, or nearly $60 billion -- a price Microsoft may not be willing to pay. This is incredibly gutsy. It may wreck the hopes of a deal. And yet it may save the company. No other bidders have publicly emerged. Microsoft could walk, leaving shareholders in the lurch -- and Yahoo's board of directors exposed to legal repercussions. | |||||||
Thankyou for your vote (you can change your vote at any time). Please leave some helpful comments about this news item using the box below. | |||||||
Make a comment | |||||||
Add a comment on this news piece. | |||||||
 Comments | |||||||
 |  | ||||||
(February 9th) (
