Yahoo Formally Rejects Microsoft Offer
Yahoo has formally rejected Microsoft’s $44.6 billion takeover bid as inadequate. The response had been expected after Yahoo’s intentions were leaked over the weekend.
Yahoo has formally rejected Microsoft’s $44.6 billion takeover bid as inadequate. The response had been expected after Yahoo’s intentions were leaked over the weekend.
Yahoo Inc.’s board will reject Microsoft Corp.’s $44.6 billion takeover bid after concluding the unsolicited offer undervalues the slumping Internet pioneer, according to a person familiar with the situation.
Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.’s dominance of the lucrative online search and advertising markets.
http://cosmos.bcst.yahoo.com/up/player/popup/index.php?cl=3069759 Tens of thousands Saturday staged the Gay Pride parade in Rome, urging the Italian government to fast-track plans to grant homosexual couples legal status and override Vatican objections.
http://cosmos.bcst.yahoo.com/ver/230b/popup/index.php?cl=2918989 The building was demolished Sunday, five years after the NBA’s Hornets left town.
http://cosmos.bcst.yahoo.com/ver/230b/popup/index.php?cl=2829090 ABC says Rosie O’Donnell asked for, and got, an early exit from her contract at the daytime chat show “The View” after her angry confrontation with co-host Elisabeth Hasselbeck on Wednesday.
http://cosmos.bcst.yahoo.com/ver/230b/popup/index.php?cl=2766512 According to the Capitol Briefing, Sen. John Cornyn (R-Texas) allegedly accused Sen. John McCain of being too busy campaigning for president to take part in negotiations regarding immigration legislation. Allegedly, McCain shouted, “[Expletive] you! I know more about this
http://cosmos.bcst.yahoo.com/ver/230b/popup/index.php?cl=2747713 U.S. authorities are increasing their efforts to stop the human smuggling from Cuba. The Associated Press found that more than 7,000 Cubans made the risky run in 2006.
http://cosmos.bcst.yahoo.com/ver/230/popup/index.php?cl=2717879 Rudy Giuliani gets a little hot under the collar during the latest GOP debate after Rep. Ron Paul said U.S. foreign policy invited the 9/11 terror attacks.
http://cosmos.bcst.yahoo.com/ver/230/popup/index.php?cl=2657886 Police arrested Steve McNair on DUI charges even though he was not driving. But he owned the truck. And Tennessee law allows charges against the vehicle owner if the driver is under the influence.
http://cosmos.bcst.yahoo.com/up/player/popup/?rn=49750&cl=2630178&ch=283293&src=news White tie at the White House. Queen Elizabeth II and Prince Philip enjoyed dinner with a select list of 130 others. They arrived in a black Chevy Suburban.