Yahoo! Rejects Microsoft Offer

by Gary on February 11, 2008 · 1 comment

in News

Yahoo’s decision is out. According to Yahoo! “After careful evaluation, the Board believes that Microsoft’s proposal substantially undervalues Yahoo! including our global brand, large worldwide audience, significant recent investments in advertising platforms and future growth prospects, free cash flow and earnings potential, as well as our substantial unconsolidated investments.” Some Yahoo! shareholders do not agree with this assessment though and think that the $31-a-share bid is actually generous.

With no Yahoo! stocks to think about though, what’s clear is that we can start focusing on our SEO projects again and stop obsessing about the possible Yahoo!-MSN merger and its effect on the search scene. If you feel like dissecting the might-have-beens though all you need is to Google (^_^) any variation of the Yahoo!-MSN merger to find opinions all over the blogosphere.

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