0.14% Yahoo Investor Proposes Microsoft Pay $22 A Share For Yahoo

.14% Yahoo investor, Mithras Capital, proposes that Micorosft unload Yahoo’s Asian assets and non-search businesses, extract $3 billion worth of cost savings and receive $2.8 billion of tax benefits in a chance to take over Yahoo on the cheap.
This means that Microsoft would be buying Yahoo’s search business for $10.3 billion, which is what they are really after
Yahoo shares down 36 percent since the start of August, a new five year low for the search giant.
Mark Nelson, partner of Mithras Capital is sending the proposal letter Thursday night.

How much longer can Yahoo ignore legitmate offers as they begin to count their pennies?

KidTech

Doubt they will listen, but this woul dbe a great deal for both parties. Yahoo gets out, cahses out on those powerful Asian properties, Microsoft gains some search market share, they both fail anyways. Everyone loses anyways, might as well take care of the Yahoo investors,, everyone loses.

Seanerati

Doesn't matter how much Jerry Yang hates Microsoft, he should CARE more about the invesotrs that have their hard earned money in their company. Come On!

Allan

It doesn't matter much now if Yahoo! management wants to make a deal or not. These super-minority shareholders are instilling a sense of desperation in the face of this market meltdown and that gives Mr. Ballmer and Microsoft much more leverage than they've ever had before. Microsoft's stock has held up rather well relative to other technology stocks. The market is telling Microsoft that it has the safest business model amongst technology companies as the market tries to anticipate a recession or even a depression. Ballmer should hold out as Yahoo! stock will probably go even lower from here. All this panic selling makes for good deals for the right strategic acquirer.