Finally! ahhaha has come back to Redwood City. Do you smell what the ahhaha is cookin'?
Friday September 22, 6:21 pm Eastern Time
Yahoo! files shelf for $1 bln in debt, equity
WASHINGTON, Sept 22 (Reuters) - Internet media network Yahoo! Inc. (NasdaqNM:YHOO - news) on Friday filed with regulators to sell on occasion up to $1 billion in common and preferred stock, depositary shares, debt securities and warrants.
It plans to use the proceeds from the shelf offering for for general corporate purposes, which may include acquisitions, investments, debt repayment, capital spending and repurchasing its capital stock, according to a filing with the Securities and Exchange Commission.
Shares of the Santa Clara, Calif.-based company closed up $3-5/16 to $111-7/16 on Nasdaq. They have a 52-week high of $250-1/16 and a low of $82.
Isn't it great that ATHM wouldn't go there since they already have? Don't get your expecs up too high because the boys are cookin' yet another imbecile deal. They want the new honcho to announce it during the inaugural to present an image of true leadership. |
