Yahoo! Rejects Microsoft’s Bid
Microsoft, Uncategorized, Yahoo February 10th, 2008
The Board of Directors at Yahoo! Inc has Decided to turn down the Bid made by Microsoft to them, on the Grounds that Microsoft has massively undervalued the Web Enterpreneur with its Bid Value at $44.6 Billion.
February 15th, 2008 at 9:56 am
Yahoo wants more money, a good sign they aren’t in a cash crunch and are actually looking to improve their stake in the market.
Of course, now that they’ve been shopped around a little, I wouldn’t be surprised to see a new agency snap them up. We’ll see.