Monday, September 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Asus ZenWatch To Have Voice Control Features
Miraisens Showcases Touchable 3D Tech
Nintendo's Figurines Coming Later This Year
ASUS and G.Skill Take Overclocking Records
Korean Researchers Advance Synthesis Process for Graphene Quantum Dots
LG Display Opens LCD Panel Plant in China
Apple Said to Work With Visa, MasterCard on IPhone Wallet
China Gives Microsoft Deadline To Respond To Anti-trust Probe
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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
China Gives Microsoft Deadline To Respond To Anti-trust Probe
China Probes Microsoft Over Web Browser And Media Player
FCC Filing Hints At a Microsoft Rival To Chromecast
Microsoft to Announce Windows 9 on September Event: report
Samsung, Microsoft Want To End Android Patent Dispute Soon
Sony, Huawei, Microsoft To Announce New Smartphones at 2014 IFA
Microsoft Releases 19-euro Music Phone
Yahoo, Google To Encrypt Web Mail
Yahoo, ComScore To Jointly Offer Online ad Measurements
Microsoft Sues Samsung Over Royalty Payments
Microsoft Releases New Limited Edition Wireless Mobile Mouse 3500 With Master Chief from Halo
Microsoft Details Windows Phone 8.1 Update, Brings Cortana To New Markets

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .