Yahoo! rejects Microsoft offer

The Board of Directors Internet Corporation Yahoo! has decided to reject Microsoft takeover offer. As the publication of The Wall Street Journal, the offer corporations Microsoft ...

Yahoo! Board of Directors believes that Microsoft, so trying to use a temporary weakening of the shares of the Corporation to acquire Yahoo!. However, Yahoo! is willing to consider any proposal ...

Recall that Microsoft has so far offered $ 31, which is 62% higher than the market value of securities. February 11 Yahoo! sent an official letter to Microsoft, which explains our position on this issue. The Board believes that Microsoft underestimates the brand, audience, significant investments in advertising platforms and technologies, the prospects for future growth and potential for future earnings as Yahoo!.

As for the proposals by Google, Yahoo! is still considering various proposals. Despite the existence of this list Google, Yahoo! CEO Jerry Yang (Jerry Yang) said that the alliance with the Internet giant is not a ...