Yahoo may swipe up MySpace for 25/30% of it's stock… holy lord! From 580 million to 12 billion? Yahoo is supposedly worth around 40 billion dollars and they are willing to give 25% of their stock to Murdoch for Myspace. Even though Yahoo probably needs Myspace to compete with Google giving away 25% of your company is a big deal. Read more here.

“A deal would demonstrate a remarkably swift return on News Corp’s investment in MySpace, which it acquired for $580 million in summer 2005.

Yesterday Yahoo! was worth $37 billion. A quarter stake in an enlarged company would be worth $12.3 billion.”

Pin It on Pinterest

Shares