Yahoo! rejects Microsoft bid
Hot news: The board of Yahoo! rejected the bid by Microsoft. You can read all about it in Yahoo! news. Of course a hostile takeover is still possible. The offer of Microsoft was 62% above the stock value at the time. So maybe the shareholders will sell to Microsoft. Or can the Yahoo! board come up with some other plan to satisfy the shareholders?
February 9th, 2008 at 22:00
I utter a tiny “yahoo!” but fear the yoohoos of shareholders that only look at the money.