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.
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3 comments
  1. 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

  2. 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.

  3. 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    Aye, I think I am very outdated.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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