Thursday, April 10, 2008

YAHOO INC. REJECTS MICROSOFT�S BID

Yahoo Inc. yet again rejected the $42 billion invasion bid but the business is still open to better bidders on offer. Earlier this daybreak, Yahoo! Inc. responded to the 3-week cut-off date subjected by Microsoft Corp in which the firm has discarded the $42 billion takeover bid which was proposed at the rate of $29.62 per share. Yahoo Board judges that Microsoft's pitch significantly undervalues

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