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Yahoo Rejects Microsoft Bid: No Solution Yet

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. Analysts predict that Microsoft might raise its bid anywhere from $5 billion to $12 billion.

Perhaps Yahoo is hoping for an offer from another company, such as Apple. Apple has been said to be considering placing a bid for Yahoo.

Or perhaps there are solid plans in the works for a turnaround. Yahoo has been promising a turnaround to its shareholders for the past 18 months.

One other thing that could happen is that Microsoft could takes it bid directly to the shareholders of Yahoo, going around Yahoo’s board of directors. Panicking shareholders could take the software giant up on its offer, ousting the current board of ten members and putting another board in place that might accept the offer from Microsoft.

While Yahoo’s share price had been dropping steadily in the three-month period leading up to Microsoft’s offer, Yahoo’s shares rose today in early trading, when the rejection announcement was made. Microsoft’s share lost a little.

While search engine competitor Google made its feeling about the Microsoft bid known when it was first announced, there has been no further public word from Google. it can not place its own bid due to anti-trust laws.

What do you think will happen between Microsoft and Yahoo?

Mary Ann Romans writes about everything related to saving money in the Frugal Blog, technology in the Computing Blog, and creating a home in the Home Blog. You can read more of her articles by clicking here.

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About Mary Ann Romans

Mary Ann Romans is a freelance writer, online content manager, wife and mother of three children. She lives in Pennsylvania in the middle of the woods but close enough to Target and Home Depot. The author of many magazine, newspaper and online articles, Mary Ann enjoys writing about almost any subject. "Writing gives me the opportunity to both learn interesting information, and to interact with wonderful people." Mary Ann has written more than 5,000 blogs for Families.com since she started back in December 2006. Contact her at maromans AT verizon.net or visit her personal blog http://homeinawoods.wordpress.com