Monday, July 06, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Entertainment in Windows 10
AMD Lowers Second Quarter Outlook, Moves To FinFet
Instagram To Show HD Photos
Polaroid And GoPro Launch New Action Cams
Samsung's s 2TB 850 PRO SSDs Are Rolling Out Globally
JDI Touts Energy Efficient Reflective Display
LG Display Launches Slimmer LCD Panels with Advanced In-Cell Touch Technology for Notebook PCs
Minecraft Windows 10 Edition Beta Revealed
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > Yahoo t...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, February 11, 2008
Yahoo to Reject Microsoft's Bid: report


Yahoo's board has decided to reject Microsoft's 44.6 billion dollar takeover bid, the AP reported citing a "top informed source"

The source confirmed an earlier Wall Street Journal report that Yahoo's management believes the Microsoft offer, which would bring together two top names in online computing, massively undervalues Yahoo.

The Journal said Yahoo's board also believes the Microsoft offer, at 31 dollars per share, does not account for risks facing Yahoo if it pursues a deal that might be ultimately blocked by government regulators.

"Yahoo's board believes that Microsoft's is trying to take advantage of the recent weakness in the company's share price to 'steal' the company," the newspaper said on its website, citing an unnamed source.

"Yahoo's board appears to be betting that Microsoft doesn't want to 'go hostile' and try to acquire the company against the wishes of management and the board," it said.

On February 1 Microsoft unveiled its 44.6 billion dollar offer to take over Yahoo, in an effort to merge the world's biggest software company with a major Internet player to take on search and advertising juggernaut Google.

Google earlier condemned Microsoft's effort as an attack on the very independence of the Internet.


Previous
Next
Microsoft, Sony Ericsson Enter Alliance        All News        OCZ Releases the PC2-8500 Reaper HPC 4GB kit
Microsoft, Sony Ericsson Enter Alliance     Mobiles News      ARM to Show Google Phone

Get RSS feed Easy Print E-Mail this Message

Related News
AOL To take Over Microsoft's Display Ads
Nadella Announces Company Shakeup
Microsoft at E3 2015
Surface Hub Available for Order in 24 markets
Yahoo Takes More Services Offline
Yahoo Gives Advertisers Fraud Verification Tools
Microsoft Showcases new Windows 10 Devices At Computex 2015
Toshiba Partners with Microsoft to Deliver New Internet of Things Solutions
Research Project Can Interpret, Caption Photos
Microsoft Cortana Coming To Apple and Android Phones
Microsoft, Salesforce Talks Stall On Pricing: report
Microsoft Project Reveals Method For Keeping Cloud Data Private

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .