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"the $31 per share offer "massively undervalues" Yahoo," Now I'm no mathematician, but when microsoft made that offer, I believe their stock closed at 19.10, w
by amohr 19y ago
"the $31 per share offer "massively undervalues" Yahoo,"
Now I'm no mathematician, but when microsoft made that offer, I believe their stock closed at 19.10, which I believe is significantly less than $31. The mere offer from microsoft caused their value to jump 50% in a day. Monday might be ugly for YHOO owners.
- mixmax 19y agoThis is normal in a a takeover situation. The reason being that a company that you control is worth a lot more than a bunch of shares that pay you dividend, but offer you little or no control over the company. The pundits know this and drive up the price, expecting to make a profit when Microsoft buys them out.
- anewaccountname 19y agoShares offer proportional votes.
- deleted 19y ago[deleted]
- tvon 19y agoMany people believe that Yahoo is massively undervalued on Wall Street.
- amohr 19y agoI feel like the value of a company is mostly defined by Wall Street, at least for a company the size of Yahoo. Obviously there are companies that provide important services that aren't even public, however, when determining a company's overall value or growth, stock price is a pretty good indicator.