Yahoo Inc.’s board plans to reject Microsoft Corp.’s bid to buy the Internet pioneer, The Wall Street Jornal reported on its Web site Saturday.
Board members concluded the unsolicited $44.6 billion offer massively undervalues the Web pioneer, a person familiar with the situation told the newspaper.
Here’s Yahoo’s reason it rejected the offer:
1. Yahoo thinks Microsoft […]
The Wordpress Camp is in Dallas this year. I didn’t expect it to be on March which is quite inconvenient for me.
Saturday, March 29, 2008 at 9:30 am CT - Sunday, March 30, 2008 at 4:00 pm CT
Frisco, TX
Mark your calendars and plan on being in Frisco, Texas on March 29th & 30th for the […]
Microsoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares. The offer, contained in a letter to Yahoo’s board, is 62% above Yahoo’s closing share price on Thursday.
The proposed acquisition, the largest ever by Microsoft, would give some relief to Yahoo’s long-suffering shareholders, who have seen the company’s […]
