Obviously, Yahoo has other plans for its future & the well being of its shareholders because it rejected Microsoft’s bid to buy over the company although not yet doing so formally. Yahoo had unanimously concluded that the proposal is not in the best interests of Yahoo and our stockholders.
The folks at Yahoo also added that the Microsoft merger deal would undervalue the company. It makes some sense as how far could an internet company be significant in a company that produces primarily computer softwares & video game consoles? I am guessing that the bough over Yahoo would play a part in the Microsoft’s internet department which is MSN. Yahoo probably thinks that it can do better on its own.
The folks at Yahoo also added that the Microsoft merger deal would undervalue the company. It makes some sense as how far could an internet company be significant in a company that produces primarily computer softwares & video game consoles? I am guessing that the bough over Yahoo would play a part in the Microsoft’s internet department which is MSN. Yahoo probably thinks that it can do better on its own.
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