Saturday, February 09, 2008

Yahoo Rejects MSFT Bid

JasonCalacanis  and Me , near practically seed the same thought on twitter. Literally Seconds away. Chatter is pouring in that Yahoo has rejected Microsoft offer of $44.6Billion stating that  its "Yahoo's board has decided Microsoft's $31-per-share offer "massively undervalues" .

WSJ was the first to break the story.  IMHO, 
Microsoft may have to make an offer as high as $37 to seal the deal

My earlier  post is here

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