Yahoo: T. Rowe Price Likes Microsoft’s Price

According to Bloomberg this morning, T. Rowe Price, one of Yahoo’s largest shareholders, is set to tell Yahoo that it likes the Microsoft offer and wants a deal. With institutional investors accounting for something like 70% of Yahoo’s float, and hedge funds piling in, this won’t take much more to tip into being a done deal.

Related posts:

  1. Microsoft/Yahoo: Latest Developments
  2. Why VCs Can’t Price Their Portfolios
  3. Absentee Alpha
  4. Bulletin: Hedge Funds are Risky
  5. Yahoo: Rejecting Microsoft; Entering the Bargaining Stage

Comments

  1. Ross Dunn says:

    Hi Paul, I am a big fan of your site, thanks for the great writing. I just Twittered this to you but in case you didn’t catch it T. Rowe Price is actually one of the largest shareholders in Microsoft not Yahoo. In the Bloomberg article they were stating that Microsoft should hold firm on their offer. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYR2FvLjZm0I