Monday, February 11, 2008

Yahoo rejects Microsoft offer

SAN FRANCISCO — — Yahoo Inc. spurned Microsoft Corp.'s $44.6-billion (U.S.)
takeover bid as inadequate Monday, betting that it can elicit a higher offer
from the world's largest software maker or find another way to deliver a
comparable payoff to its shareholders.
So much for THAT merger. Now Yahoo might be merging with...guess who?
The paper, without citing sources, said Yahoo was also considering tie-ups with
groups such as Google and Disney.

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