Wall Street Breakfast: Must-Know News [View article]
INVESTORS....This is a lousy premium as most buyouts have a 25-33% premium, and Yahoo turned down a bid with a 45% premium over their current price. Ballmer is sitting on 50 billion cash and watching it sink like a rock. What a stupid man he really is. Roche will be successful only because they already own over 50% of Genentech stock, thus controlling interest.
Wall Street Breakfast: Must-Know News [View article]
Roche will be successful only because they already own over 50% of Genentech stock, thus controlling interest.