The Wall Street Journal is reporting that Yahoo has rejected Microsofts $44.6 billion bid.
Yahoo says that the $31 per share offer undervalues Yahoo.

Yahoo plans to send a letter to microsoft on Monday spelling out its position.

3 comments

Jay a.k.a. 'Dat' February 12, 2008 at 3:42 PM

Personally, I think Yahoo did the right thing, but that's just me. They are Google's biggest competition so I wouldn't sell for low either!

Jay
DatMoney.com
DatCurious.com
steven wilson February 12, 2008 at 4:04 PM

I believe yahoo did the right thing also.Yahoo will team up with someone soon,and their search will switch to google.
Deimos Tel`Arin February 13, 2008 at 5:03 PM

Aye, I think I am very outdated. -_-

I totally do not know that Yahoo wants to sell or merge etc.

Only vaguely heard of it somewhere before, then these few days I saw various blogs posting about it.

Why does Yahoo wants to sell anyway aye?

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Yahoo Board to Reject Microsoft Bid

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