pediwent

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    • Mon Jun 16th 09:46 AM | Rating: 0 0
      Commented on:
      I Think Microsoft Is Bluffing on Yahoo
      No kill fee? As borisb points out, there is a $250 million fee for termination in the first 24 months in the event of a change of control. As borisb also points out, there is the severance package, but its actual cost is highly debatable - the $2.4B he mentions is the upper end of the range (essentially if every Yahoo! employee leaves and meets the requirements of the package). That's not to say a deal wouldn't still make sense (especially at $23/share), but there are some additional downside risks to figure into the decision.
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