Tag: JERRY-YANG

If it seems like every few days we're checking to see if Microsoft plans to buy Yahoo!, it's because we are. Earlier this year, Microsoft offered to buy the search company for $33 a share, but Yahoo! CEO Jerry Yang said that bid undervalued the company. After a little back and forth, Microsoft walked away. Flash forward half a year, and Yahoo! stock is trading at around the $10 mark, Yang has ...

It hasn't exactly been a good year for Yahoo!. Earlier this year, the company rejected Microsoft's offer to buy Yahoo! for $33 a share. This week, Yahoo! stock is selling for about $10 a share. Silicon Alley Insider estimates that the search company is out $2 billion dollars because of this misstep. It's probably not fair to put all of that on CEO Jerry Yang's head. After all, the current ...