wwwPosted May 5th 2008 8:06AM by Paul Foster
Filed under: Deals, Microsoft (MSFT), Yahoo! (YHOO), Options
Microsoft (NASDAQ: MSFT) announced it has withdrawn its proposal to acquire Yahoo (NASDAQ: YHOO).
YHOO closed at $28.67 on May 4. YHOO closed at $19.18 on January 31, 2008, prior to MSFT's buyout offer on February 1.
YHOO May option implied volatility of 77 was above its 26-week average of 42 according to Track Data, indicating large uncertainty.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
| # | Blogger | Posts | Cmts |
|---|---|---|---|
| 1 | Joseph Lazzaro | 120 | 0 |
| 2 | Tom Johansmeyer | 106 | 3 |
| 3 | Connie Madon | 54 | 0 |
| 4 | Steven Mallas | 45 | 0 |
| 5 | Tom Taulli | 44 | 0 |
| 6 | Mark Fightmaster | 43 | 0 |
| 7 | Trey Thoelcke | 33 | 0 |
| 8 | Steven Halpern | 32 | 0 |
| 9 | Melly Alazraki | 27 | 0 |
| 10 | Paul Foster | 26 | 0 |
| 11 | Zac Bissonnette | 25 | 0 |
| 12 | Brian White | 24 | 0 |
| 13 | Jon Ogg | 23 | 0 |
| 14 | Jim Cramer | 23 | 0 |
| 15 | Brent Archer | 23 | 0 |
| 16 | Elizabeth Harrow | 19 | 0 |
| 17 | Eric Buscemi | 17 | 0 |
| 18 | Sheldon Liber | 13 | 0 |
| 19 | Beth Gaston Moon | 9 | 0 |
| 20 | Michael Fowlkes | 9 | 0 |
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
Other Weblogs Inc. Network blogs you might be interested in:
Closing Bell: Economic Catapult for Thanksgiving & Black Friday (WMT, TGT, GRMN, GOOG, MSFT)
Deere up on Q4 earnings performance
Reid Hoffman: LinkedIn will go public (at some point)
Reader Comments (Page 1 of 1)
5-06-2008 @ 8:44AM
CMD said...
AAPL would be smart to buy YHOO now that MSFT has walked away from the deal, especially since YHOO's shares are down.