Yahoo Nixes M'Soft Offer


Posted February 11, 2008 - By Stephen Johnson

Apparently, the Flickr protest was successful*: Yahoo has turned down Microsoft's buyout bid.

The company said the offer, made public last week,  "substantially undervalues" its "global brand, large worldwide audience, significant recent investments in advertising platforms and future growth prospects, free cash flow and earnings potential, as well as our substantial unconsolidated investments."

Ball's back in Microsoft's court, who must either come up with a better offer or hit the pike.

A merger of Microsoft and Yahoo would be the world's largest of two computer technology companies and would create a formidable rival to Internet search and advertising leader Google.

Associate Press: Yahoo Formally Rejects Microsoft Offer

*Okay, the Flickr protest probably didn't matter.

Tags: News, Tech
Yahoo Nixes M'Soft Offer


Blog Tags

  • International Sexy Ladies Show: Messy Cat Fight

    Posted: January 27, 2010

    644,696 Views | 00:49

  • Sara Underwood's Naked Bike Ride

    Posted: June 22, 2011

    1,316,284 Views | 05:20

  • Laser Snake Robots, More Mars Rovers and BigDog Is Back

    Posted: September 25, 2012

    1,290 Views | 03:00

  • NBA 2K13 Launch Trailer

    Posted: October 4, 2012

    5,601 Views | 01:53

  • Casual Vomiting - Web Soup Investigates

    Posted: March 30, 2011

    7,570 Views | 02:52