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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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
I believe yahoo did the right thing also.Yahoo will team up with someone soon,and their search will switch to google.
Aye, I think I am very outdated.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?