Yahoo says “No”

Just in case you don’t know… Microsoft made an offer to buy out Yahoo on Feb. 1, 2008 for $44.6 Billion…

Here’s the most updated information on the deal:

Feb. 11, 2008
Yahoo Inc. spurned Microsoft Corp.’s $44.6 billion takeover bid as inadequate, betting that it can elicit a higher offer from the world’s largest software maker or find another way to deliver a comparable payoff to its shareholders. In its formal response, Yahoo said its board had concluded Microsoft’s unsolicited offer “substantially undervalues” the company.

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One Response

  1. Marketing clue it seems

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