Yahoo Too Good For Microsoft? $44.6 Billion Not Enough.

Yahoo! rejected Microsoft’s $44.6 billion offer. Yahoo’s board of directors plans to reject Microsoft’s $44.6 billion hostile bid with a letter Monday saying the offer undervalues Yahoo, a person familiar with the matter said Saturday. Yahoo says that the $44.6 billion offer “undervalues” the company. They don’t want to sell for under $40/share. Mmmok Yahoo…! [...]

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