Yahoo! formally said “No” to Microsoft offer
SAN FRANCISCO (Feb 11) - Yahoo Inc. spurned Microsoft Corp.’s $44.6 billion takeover bid as
inadequate Monday, betting that it can elicit a higher offer from the world’s largest software
maker or find another way to deliver a comparable payoff to its shareholders.
The rebuff by the slumping Internet pioneer had been widely anticipated after word of Yahoo’s
intention [...]



