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Monday, February 11

YHOO says No to MSFT

Nothing to see here.  (YHOO) says "Nope" to (MSFT).  

Now, (MSFT) has a couple options here.  It can say "Hey, wait, how about some more money?"  Which they possibly could do, but they already borrowing money to buy (YHOO) at their present offered price. 

Or they could offer the proposal to (YHOO)'s stockholders and go that way, but then you'd have to oust the board at (YHOO).  The same board that just rejected the deal.  Good luck.

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