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Saturday, February 9, 2008

Yahoo Rejects Microsoft's Bid

So it looks as if Yahoo will reject Microsoft's $44.6 billion takeover bid. It is possible that Microsoft could try to override Yahoo's decision by taking its offer directly to the shareholders.

Or maybe Microsoft will sweeten its bid... It seems that Microsoft really wants to buy Yahoo if this is the 2nd offer made in as many years. I don't think Microsoft wants to accept the answer "NO".

I don't think this is over yet. I have a feeling that Microsoft will sweeten this deal one more time. Microsoft believes Yahoo's brand, tech staff and services will provide the company with valuable weapons in its so far unsuccessful attempt to narrow Google's massive domination in the lucrative Internet search and advertising markets.

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