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Report: Yahoo Board Nixes Microsoft Deal

Authored by Scott Goldberg on February 10, 2008 - 6:24am.

Sunnyvale, Calif. - It looks like Google (NSDQ: GOOG) needs to worry no more: Yahoo Inc’s (NSDQ: YHOO) board has decided to reject Microsoft Corp.’s (NSDQ: MSFT) unsolicited $44.6 billion offer for the company. According to the report, an insider at Yahoo says that Microsoft’s bid “massively undervalues” the company.

tags: Deals | Microsoft | Yahoo | Google |

MicroHoo

Authored by Scott Goldberg on February 10, 2008 - 6:23am.
MicroHoo