Yahoo! investor still wishes for Microsoft takeover
WinInfo | at | by Mike
Mithras Capital, a private equity fund that owns 1.9 million shares (0.14 percent) of Yahoo! would like to see the slumping Internet giant renew talks with Microsoft and sell itself to the software giant for $22 a share. But get this: That price represents a 74 percent premium over Yahoo!'s current stock price, a higher premium than what Microsoft originally offered for the company back in July. So sit back and enjoy the peals of laughter coming from the Thurrott household this morning because that is the single stupidest thing I've read all week. All week. I've said it before, and I've said it again: Yahoo! is doomed and any company purchasing that train wreck will simply be screwing themselves for years going forward. Don't give in, Microsoft. You may think things are bad now, but they'd be much worse with the weight of Yahoo! hanging over you.