Saturday, February 09, 2008

Yahoo to tell Microsoft to shove it

Insert laugh of Nelson Muntz from The Simpsons.

Yahoo to reject Microsoft bid: source - Yahoo! News:

NEW YORK (Reuters) - 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.

The Internet media giant is expected to reject Microsoft's offer on Monday, the source said.

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