Yahoo Rejects Microsoft's Bid
Read the full article: http://www.makemadmoneywork.com/2008/02/09/yahoo-rejects-mic...
A source close to Yahoo says that the Board will reject Microsoft’s $44.6 billion takeover bid after concluding that the unsolicited offer undervalues the Internet giant. Microsoft still could try to override Yahoo’s board by taking its offer directly to the shareholders.
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