Yahoo Board to Reject Microsoft Bid

[akel]

according to "The Wall Street Journal"

Yahoo Inc.'s board plans to reject Microsoft Corp.'s unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.

[hostevery]

Thats a lot of money...

[movidalatina]

Hummn..will the stock suffer?

[Traimech]

Very Much So, Id Expect the Stocks to Drop to below 19

[donepoppedup]

Well everyone better get rid of their Yahoo stocks now!!!

[CashoutChick]

But it isn't confirmed yet, perhaps this is an industry rumor?

Hope MC gets what they want for the sake of everyone else, and dude, that's a lot of money to reject. Even if it's Yahoo!

[krates]

have a look i don't think this is a rumour

http://news.yahoo.com/s/ap/20080210/ap_on_hi_te/microsoft_yahoo

[aspire]

Could be a rumour. Yahoo has been talking to MS for some time. The rejection, if there, could be with the objective of better negotiations.

[devilhead_satish]

Yahoo has little reason to reject the bid... they're not being very profitable these days.

[onlinedesign2007]

This is MS's only last opportunity to hit big into the online advertising market. If YaHoo rejects the bid then MS will have to do a lot of work to keep pace with big daddy google. But i am sure MS will come up with a better offer if this one gets rejected.

[Spider-Man]

Short of Yahoo Answers, Yahoo is a 'has been' and they should leave it like that. Although, MSN is a 'never has been' ;) hahaha

[obay]

http://news.bbc.co.uk/1/hi/business/7237320.stm

As a result of the falling share price, Microsoft's cash and share offer is now only worth $41.8bn.

[DavKapilDev]

its good that they rejected the offer....

[donepoppedup]

Found this out a couple of days ago and just thought I'd share it...
iht.com/articles/2008/02/04/business/04google.php
Basically, Google has offered to step up and help Yahoo.

[obay]

Found this out a couple of days ago and just thought I'd share it...
iht.com/articles/2008/02/04/business/04google.php
Basically, Google has offered to step up and help Yahoo.
http://iht.com/articles/2008/02/04/business/04google.php

Live link.

[digitaleye]

http://iht.com/articles/2008/02/04/business/04google.php

Live link.

well they did the job....
g power rules......

[angilina]

according to "The Wall Street Journal"

Yahoo Inc.'s board plans to reject Microsoft Corp.'s unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.

Yeah true, Yahoo just rejected MS bid