Yahoo rejects Microsoft bid
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SEATTLE/NEW YORK  - Yahoo Inc rejected Microsoft  Corp's unsolicited $41.6 billion takeover offer as too low on  Monday, forcing the software maker to either sweeten the bid or  adopt a hostile approach to clinch a deal.
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SAN FRANCISCO/NEW YORK  - Microsoft Corp offered to buy Yahoo Inc for $44.6 billion, in a bold bid to transform two ailing Internet businesses into a worthy competitor for market leader Google Inc.
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The Yahoo board has decided to reject Microsoft's unsolicited $44.6 billion cash-and-stock buyout bid, a source close to the discussions said, setting the stage for what could be a prolonged takeover battle between the two tech companies.
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Yahoo Inc   rejected Microsoft Corp's  unsolicited $41.6 billion  takeover offer as too low on Monday, forcing the software maker  either to sweeten the bid or adopt a hostile approach to clinch  a deal.
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Microsoft Corp  will authorize  a proxy battle for Yahoo Inc  this week to convince the  Web company's shareholders to agree on a takeover deal that the  Yahoo board so far has rejected, the New York Times' DealBook  blog said on Tuesday.
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Yahoo's board rejects Microsoft's $44.6 billion acquisition bid, saying it substantially undervalues the company.
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CEO Jerry Yang explains to shareholders why Yahoo rejected Microsoft's acquisition bid.
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Confirming weekend rumors, Yahoo rejected on Monday Microsoft's US$44.6 billion cash-and-stock offer, saying th...
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A federal appeals court rejected on Monday an effort by Yahoo Inc. (YHOO.O: Quote, Profile, Research) to have US courts step into a battle over the sale of Nazi paraphernalia in France.
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Yahoo&#39;s board of directors plans to reject&#160;Microsoft&#39;s unsolicited $44.6 billion takeover bid,&#160;The Wall Street Journal reported Saturday, citing as its source &quot;a person familiar with the situation.&quot;
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Denial: The initial stage: "It can't be happening." Yahoo is well past this. By rejecting Microsoft's initial foray back in February 2007, Yahoo's denial of Microsoftâs interest may have only whet Microsoftâs appetite, bought Yahoo only a limited amount of time, and lost them private bargaining leverage. Anger: "Why me? It's not [...].
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Yahoo Inc's board believes Microsoft Corp's unsolicited bid of $44.6 billion to acquire Yahoo "massively undervalues" the company and directors are set to reject the offer, the Wall Street Journal reported on Saturday, citing an unnamed source.
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In a statement late Monday afternoon, Microsoft responded to Yahoo's rejection of its initial takeover bid as many believed it would, and as the company itself indicated it probably might do: It will take its case directly to Yahoo shareholders.
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Yahoo Inc. is set to reject Microsoft Corp.'s offer, initially worth $44.6 billion, as undervaluing the business, a source familiar with the situation said on Saturday.
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Yahoo Inc would consider a business alliance with Google Inc as one way to rebuff a $44.6 billion takeover proposal by Microsoft, a source familiar with Yahoo's strategy said on Sunday.
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SAN FRANCISCO/NEW YORK  - Yahoo Inc would consider  a business alliance with Google Inc as one way to rebuff a  $44.6 billion takeover proposal by Microsoft, a source familiar  with Yahoo's strategy said on Sunday.
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The Net giant's board has decided to formally reject Redmond's offer, The Wall Street Journal says. Move could be an effort to get Microsoft to substantially hike its offer.