Yahoo rejects Microsoft - February 12, 2008
This might not be a surprise to someone who’s been following the story of Yahoo and Microsof(largest software provider)t since rumors have been spreading since last week. So what is your take about Yahoo rejecting Microsoft’s 44.6 billion dollar offer? It could mean that the next step would be an offer, maybe twice the offer for Google Inc.
There were no details yet as to what the reason was for this rejection offer of 2 big companies.
Let’s just quote some words from the people in this business, “You would assume that their first offer isn’t the best and final offer,” said Morton Pierce, an attorney who advises on mergers and acquisitions for the law firm Dewey & LeBouef.
“The question now is how do you get to the end game?”