09
Feb
08

Yahoo board to spurn $44B Microsoft bid (AP)

Yahoo CEO Jerry Yang gives a keynote address at the Consumer Electronics Show (CES) in Las Vegas, in this Jan. 7, 2008 file photo. Yahoo Inc. Chief Executive Jerry Yang told employees Wednesday Feb. 6, 2008, that the struggling Internet pioneer is still examining ways to avoid a takeover by rival Microsoft Corp. (AP Photo/Paul Sakuma, file)AP - Yahoo Inc.’s board will reject Microsoft Corp.’s $44.6 billion takeover bid after concluding the unsolicited offer undervalues the slumping Internet pioneer, a person familiar with the situation said Saturday.


Discl0sure


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