TITLE

Microsoft Responds to Yahoo's Rejection

PUB. DATE
February 2008
SOURCE
Red Herring;2/11/2008, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the response of Microsoft Corp. to the decision of Yahoo to reject its $44.6 billion offer to purchase the search engine company. The software company said that Yahoo's rejection does not change its belief that a Microsoft-Yahoo combination makes good strategic sense. The move comes after the Yahoo board of directors on Monday morning formally rejected Microsoft's offer, saying it's not in the best interest of shareholders.
ACCESSION #
36876114

 

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