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[[Yahoo!]] is rejecting the $44.6 billion offer by Microsoft to acquire the search engine. Yahoo!'s board met repeatedly since the offer was made on February 1, 2008, and asserted that Microsoft was attempting to purchase Yahoo! for a low price based on their weak stock. The offer by Microsoft amounted to $31 per share, and the Yahoo! board has said they will reject any offer of under $40 per share. Shortly after Microsoft set a deadline for April 26, the Yahoo! board of directors reiterated that they would not accept the proposal, saying that it would be a bad decision for their shareholders.
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Microsoft Yahoo | [[ Yahoo!]] | Jerry Yang | Bill Gates | Microsoft Yahoo Bid Blog Responses | [[ Yahoo! Layoffs]] | Google Yahoo | Microsoft | Steve Ballmer
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The Mahalo Top 7
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Bloomberg: Yahoo to Reject $44.6 Billion Microsoft Bid
bloomberg.com (February 09, 2008) -
InformationWeek: Yahoo! To Reject Microsoft Offer, But Deal's Hardly Dead
informationweek.com (February 09, 2008) -
CNN Money: Yahoo to reject Microsoft bid
money.cnn.com (February 09, 2008) -
ArsTechnica: Yahoo to Microsoft: Talk to the Hand, We Say Nohoo!
arstechnica.com (February 09, 2008) -
Top Tech News: Yahoo Caught Between Microsoft and Google Offers
toptechnews.com (February 08, 2008) -
Tech Consumer: Yahoo! Board to Reject Microsoft Bid: Wants More or Help...
techconsumer.com (February 09, 2008) -
Rev2.org: Yahoo! Rejects Microsoft Bid, Asks for More?
rev2.org (February 09, 2008)
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Bloomberg: Yahoo to Reject $44.6 Billion Microsoft Bid
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