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Microsoft said it would first raise borrowing funds Yahoo acquisition

[日期:2008-02-07]   [字体: ]

February 4, according to foreign media reports, Microsoft CFO Kelishilideer (Chris Liddell) Monday said the company will for the first time borrowing to raise Yahoo's acquisition of 44.6 billion US dollars in huge amounts of money.



-- Hold a meeting this evening in the analyst meeting, Riedel said, Yahoo acquired most of the funds will come from the company's cash reserves, and the remaining will come from borrowing, this will be the first time since the founding of Microsoft borrowing.

-- February 1 evening, Microsoft suddenly announced, Yahoo has been submitted to the Board of bid, plans to acquire the 31 US dollars per share all of the issued ordinary shares in a transaction value of 44.6 billion US dollars. Microsoft plans to half cash, half stock manner of the deal, Yahoo shareholders may elect to receive cash or a fixed number of ordinary shares in Microsoft. Microsoft's bid represents Yahoo January 31 closing price of 19.18 US dollars premium of 62%.



Nasdaq in early trading Monday, Microsoft rose 5 cents to 30.5 US dollars, Yahoo gained 44 cents to 28.82 US dollars.

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