Is Yahoo Worth $50B?

It appears that Microsoft has upped its ante for Yahoo above $31/share. The report, provided by AP does not indicate what the $$ amount is. But if Microsoft has upped it to $34-35 the deal will be done. The big stock holder will see to that. They smell profit in the water.

Sadly the AP report has this interesting piece –

The Redmond, Wash.-based software maker upped its offer beyond the original value of $44.6 billion, or $31 per share, according to a person familiar with the matter. The specifics of the new offer weren’t known by this person, who didn’t want to be identified because the negotiations are still confidential.

So the ’source’ does not know the details, only that a higher offer is happening. Sounds shaky so I will take it with a grain of salt. All we can do is wait.