Dan Loeb's Cost Basis On Yahoo! (YHOO) Common Shares is $12.73/Sh
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Dan Loeb's Third Point LLC paid and average of $12.73 per share for the 45 million Yahoo! (Nasdaq: YHOO) common shares owns.
He also paid approximately $33,432,700 to buy options to purchase 20,000,000 shares of Common Stock.
Shares of Yahoo! are up 3.3 percent mid-day to $14.06, giving Loeb a 10% paper gain on the shares.
He also paid approximately $33,432,700 to buy options to purchase 20,000,000 shares of Common Stock.
Shares of Yahoo! are up 3.3 percent mid-day to $14.06, giving Loeb a 10% paper gain on the shares.
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