Y! Rejects MSFT Again


	Y! Rejects MSFT Again

Carl Lavin

7-13-2008 4:03 AM

3186 views

tags:

msft, yhoo, ichan

Carl Lavin says:

Now Ballmer might even lower the offer.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9baa17e3-e11d-4802-a50e-5a0d8af707df/B6DE1ED7-CA6C-4725-965F-07D3EDBC6190/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.forbes.com/feeds/ap/2008/07/13/ap5208659.html" href="http://www.forbes.com/feeds/ap/2008/07/13/ap5208659.html" style="font-size: 11px;">www.forbes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.forbes.com/feeds/ap/2008/07/13/ap5208659.html"><SPAN class=lingo_region id=lingo_span>
<P><B>Yahoo Inc.</B> has rejected <B>Microsoft</B>'s latest attempt to buy its 
online search operations in a "take or leave it" proposal that <B>Yahoo</B> said 
would have dismantled its Internet franchise.</p> <P>As described by Yahoo <B></B>(nasdaq: <A class=maintkrlink 
href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=YHOO">YHOO</A> 
- <A href="http://www.forbes.com/markets/company_news.jhtml?ticker=YHOO">news 
</A>- <A 
href="http://www.forbes.com/peopletracker/results.jhtml?startRow=0&amp;name=&amp;ticker=YHOO">people 
</A>) in a statement released late Saturday, Microsoft <B></B>(nasdaq: <A 
class=maintkrlink 
href="http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=MSFT">MSFT</A> 
- <A href="http://www.forbes.com/markets/company_news.jhtml?ticker=MSFT">news 
</A>- <A 
href="http://www.forbes.com/peopletracker/results.jhtml?startRow=0&amp;name=&amp;ticker=MSFT">people 
</A>) packaged its latest offer with activist investor Carl Icahn, a billionaire 
who is seeking to overthrow Yahoo's board of directors in a shareholder meeting 
scheduled for Aug. 1.</p> <P>Without providing many specifics, Yahoo said Microsoft renewed an earlier bid 
to buy the company's search engine and proposed turning over the remaining 
pieces to a board controlled by Icahn</P></SPAN></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B6DE1ED7-CA6C-4725-965F-07D3EDBC6190/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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