Showing posts with label bid. Show all posts
Showing posts with label bid. Show all posts

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.