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Interesting. As a point of comparison, when Microsoft bid a 62% premium for Yahoo back in '08, Yahoo stock spiked about 48%. Doing the math, the market placed
by umeshunni 5y ago
Interesting. As a point of comparison, when Microsoft bid a 62% premium for Yahoo back in '08, Yahoo stock spiked about 48%.
Doing the math, the market placed the likelihood at 48÷62=77%.
In other words, the market is wildly optimistic.
- s1artibartfast 5y agoIf it is a general trend on takeover optimism, we should play that angle and become millionaires