Yahoo! Officially Rebuffs Microsoft; Is an AOL Deal in the Works?
 

*Source: Tech-Ex (http://technologyexpert.blogspot.com...soft-is.html)*
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As we indicated (http://technologyexpert.blogspot.com...oft-offer.html) over the weekend, the Yahoo! Board of Directors has decided to reject the unsolicited Microsoft bid for the company. And the reason given, as was reported last weekend, was undervaluation.

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