As Expected, Yahoo Spurns Microsoft's Marriage Proposal
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In turning down the $44.6 billion takeover offer, Yahoo is betting on a sweeter bid from Microsoft or finding another way to make its stockholders happy.
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CEO Jerry Yang explains to shareholders why Yahoo rejected Microsoft's acquisition bid.
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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.
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Yahoo looks for alternatives to Microsoft's unsolicited $44.6 billion takeover bid, according to a report in the Los Angeles Times.
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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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Yahoo Inc.'s board has concluded Microsoft Corp.'s $44.6 billion takeover bid undervalues the slumping Internet pioneer and plans to reject the unsolicited offer, a person familiar with the situation said Saturday.
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Microsoft wouldn't be seeking to acquire Yahoo! if it still had its own future to write.
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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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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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SEATTLE/SAN FRANCISCO  - 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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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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America Online Inc. on Thursday shunned a Microsoft Corp. proposal to help weed out unwanted "spam" e-mail because Internet engineers are reluctant to adopt technology owned by the dominant software company.
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Yahoo Inc is set to reject Microsoft Corp's unsolicited bid, now worth $42 billion, as too low, a source familiar with the situation told Reuters on Saturday -- the first clear signal the board might be prepared to negotiate and sell the Internet media giant.
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Big Goo's spurning Yahoo!'s business? Don't believe it.
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Confirming&#160;weekend rumors, Yahoo rejected on Monday&#160;Microsoft&#39;s $44.6 billion cash-and-stock offer, saying the unsolicited proposal substantially undervalues the company.
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Yahoo called Microsoftâs $44.6 billion takeover offer too low, and said it would continue to evaluate all its options.