SAN FRANCISCO (AP) - Yahoo Inc.'s board plans to reject Microsoft Corp.'s bid to buy the Internet pioneer, The Wall Street Jornal reported on its Web site Saturday.
Board members concluded the unsolicited $44.6 billion offer massively undervalues the Web pioneer, a person familiar with the situation told the newspaper.
Would be interesting to see what a more accurate valuation would look like, and whether Google would still remain in race.
[source: Breitbart ]
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