Yahoo! says "no" to Microsoft – thinks it's worth more than $45 billion
Yahoo! rejected Microsoft’s friendly buyout offer over the weekend, saying that MS’s $45bn offer “massively undervalues” the Yahoo! brand.
Clearly still thinking it’s 1997 and Google doesn’t exist yet, Yahoo! is apparently sticking out for $40 a share – a significant increase on Microsoft’s $31 offer. That would result in MS having to turn Bill Gates upside down and shake out another $12 billion to get the deal signed.
Meanwhile, the Wall Street Journal suggests Yahoo! is investigating some extraordinary options to try and remain independent and fend off Microsoft – including outsourcing its advertising wing to online behemoth Google, or teaming up with other big internet name of yesteryear AOL.
Isn’t it all just a bit too much money and effort to inevitably finish second place to Google?
(Via Wall Street Journal)
Microsoft maybe borrowing money to pay for Yahoo? Yahoo! maybe joining Google? Eh?
Microsoft wants to sell YOU a Surface table this year. Any takers?
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