Yahoo Rejects Microsoft’s 44 Billion Dollar Offer
February 11th 2008
Yahoo’s board concluded on Friday that Microsoft’s unsolicited offer “massively undervalues” the company. The Wall St. Journal noted Yahoo’s position in the online display advertising market, where it leads both Google and Microsoft. Additionally, it suggested the board would cite that Microsoft underestimated the risk of regulatory approval, and its effect on Yahoo’s business. The […]