Yahoo Rejects Microsoft Bid: No Solution Yet

Posted on February 11, 2008 by Mary Ann Romans

Today, Yahoo rejected Microsoft’s $44.6 billion bid to takeover the flagging company. Yahoo said that its board has decided that the offer would substantially undervalue Yahoo and its stock. There is no surprise that Yahoo has rejected the controversial offer from Microsoft, a company that tried to take over Yahoo once before. But, there is still no word yet on how Yahoo will match the proposed payoff from Microsoft to its Yahoo shareholders. Perhaps Yahoo is trying to get an even larger offer from Microsoft. Microsoft for its part has stated that it will keep coming back again and again. … Continue reading →

Microsoft Bid for Yahoo Heats Up

Posted on February 4, 2008 by Mary Ann Romans

Last week, Microsoft made a 45 million dollar bid to buy Yahoo, swooping in shortly after the search engine giant announced that it would be forced to conduct employee layoffs sue to sagging funds. There are many critics against the move, and none taking more of a lead than rival search engine Google, which calls the bid an attempt at a hostile takeover.. Just yesterday, the chief legal officer of Google, David Drummer, made an announcement that Google will not sit quietly by on the sidelines as Microsoft attempts to monopolize the Internet. On his blog, Drummond said he questions … Continue reading →