Yahoo officially turned down Microsofts $44.6 billion offer as inadequate Monday. Jerry Yang and crew believe they can get a higher offer from another suiter, stating this offer “substantially undervalues” Yahoo. Google?
Looks like even Microsoft will be borrowing money to make their latest purchase. Assuming the bid is accepted and gets approval from the feds. In staying with the American trend of borrowing money for just about every purchase, Microsoft will be selling bonds and debt. This move clearly shows the…
Microsoft, again, makes a signifcant bid for Yahoo. Both Yahoo and Microsoft face steep competition from Google with regard to their internet business units. Even if Yahoo and it’s shareholders agree to the deal there is no guarantee antitrust issues will allow it to happen. Either way this story will…