Yahoo rejects Microsoft approach
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Yahoo rejects a takeover bid of more than $40bn from computer software giant Microsoft saying it is too low.
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Yahoo Inc  on Monday rejected  as too low Microsoft Corp's  unsolicited takeover  offer, currently valued at $42 billion, putting the ball back  in the software giant's court to pursue a deal.
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Yahoo Inc on Monday rejected Microsoft Corp's unsolicited takeover bid, currently valued at $42 billion, as too low, saying its board had unanimously concluded it was not in the best interests of shareholders.
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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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Battle begins! !!!!! Yahoo!'s board of directors has formally rejected Microsoft's hostile takeover bid at a meeting in New York.â¦
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Yahoo Inc  on Monday rejected  Microsoft Corp's  unsolicited takeover bid, currently  valued at $42 billion, as too low, saying its board had  unanimously concluded it was not in the best interests of  shareholders.
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Yahoo said Monday that the board of directors, in consultation with financial and legal advisors, has concluded that Microsoft's US$44.6 billion [b] bid for the company is not in its best interests.
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Yahoo's board still has not idea what to do about Microsoft offer, one week after it was proposed, according to a report.
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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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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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Shareholders at the  annual meeting of Yahoo Inc.  voted down proposals to  control executive pay and challenging the company&#39;s human  rights policies in China, a supervisor of the votes said on  Tuesday.
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Respected investment manager Joe  Rosenberg doesn't think much of Microsoft Corp's   unsolicited $42 billion bid for Yahoo Inc , nor the  financial savvy of its chief executive, Barron's reported in  its latest issue.
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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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NEW YORK/SEATTLE  - Yahoo Inc  on Monday  rejected Microsoft Corp's  unsolicited $41.5 billion  takeover offer as too low, forcing the software maker to either  sweeten its 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 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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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.