Yahoo Says Ya-Noo!
    Yahoo's board of directors this weekend 
formally 
  rejected Microsoft's takeover offer. The board apparently wants either more 
  dough or to hook up with a different partner, such as Google (which would raise 
  antitrust concerns) or AOL. 
I'm no stock market whiz (and have the losses to prove it!), but as I understand 
  it, the Microsoft bid was a huge premium over Yahoo's existing share price. 
  And Microsoft offers the ailing Yahoo resources, market share and commitment 
  -- things Yahoo needs. 
On the flip side, I still don't think this deal is in Microsoft's best interest, 
  especially if it spends far more than the $44.5 
  billion it already has on the table. 
Instead of trying to out-Google Google, imagine what could be done if all that 
  money were placed in the hands of a bunch of young, smart programmers and visionaries.
 
	
Posted by Doug Barney on February 11, 2008