Yahoo Shareholders Transfer $2.9 Billion To Microsoft Shareholders

Posted by chadi in Articles, Yahoo

Anyone wondering who got the better deal today (my detailed thoughts later) need only look at the stock movements of Yahoo and Microsoft. Yahoo dipped 12.08% to $15.14, knocking $2.91 billion off their market cap. Microsoft gained 1.41% to $23.80, adding…$2.94 billion to their market cap. So net/net about $30 million in new value was created today by the market, All of that plus everything Yahoo lost went to Microsoft. Yahoo got Binged, to the tune of $2.9 Billion. Oops. Our...

Anyone wondering who got the better deal today (my detailed thoughts later) need only look at the stock movements of Yahoo and Microsoft. Yahoo dipped 12.08% to $15.14, knocking $2.91 billion off their market cap. Microsoft gained 1.41% to $23.80, adding…$2.94 billion to their market cap.

So net/net about $30 million in new value was created today by the market, All of that plus everything Yahoo lost went to Microsoft. Yahoo got Binged, to the tune of $2.9 Billion. Oops.

Our complete coverage of the deal is here.

Related posts:

1. Yahoo Got Binged
2. Microsoft-Yahoo Search Deal: The Official Press Release
3. Microsoft-Yahoo Search Deal: The Most Important Facts (And Some Opinion)
4. Yahoo’s New Homepage Won’t Save It From Google or Microsoft
5. Bing Appears Ready To Grab Yahoo’s Search Ranking