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Yahoo rejects Microsoft, again 1:53 ΢ÈíÔٶȱ»ÑÅ»¢¾ÜÖ®ÃÅÍâ

Yahoo dismissed Microsoft's latest takeover overture, saying its deal with Google is financially superior.


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Well, the bickering in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the Internet giant's search engine, while adding an unwelcome nuance, turning over the rest of the company to a new board controlled by Carl Icahn. In a take-it-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo's search division, only to be shot down with fighting words from Yahoo. Yahoo's chairman Roy Bostock issued a statement over the weekend, calling it (quote) "ludicrous" to think that Yahoo would accept Microsoft's (quote) "erratic and unpredictable behavior", knocking down the bid, saying it is not in the best interest of Yahoo shareholders.

Yahoo listed the factors for its decision. First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft Icahn proposal. Secondly, the Microsoft Icahn proposal would block a potential sale of all of Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen by Icahn's slate of board members, which has virtually no working knowledge of Yahoo's business. And finally, Yahoo believes the ousting of its board would destabilize the company for up to the one year it would take to gain regulatory approval for the deal.

But also included in its response, Yahoo reiterated its willingness to sell the entire company for Microsoft's elevated 33 dollar a share or 47.5-billion-dollar offer, which was pulled from the table back in May. But Microsoft did not bite. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo's remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st, and we'll see then if Icahn gets his way when it comes to board's seats.

 

[ ±¾Ìû×îºóÓÉ ghance ÓÚ 2009-1-19 16:47 ±à¼­ ]

Julie_R

homework

 

While the bickering in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the internet giant search engine, while adding an unwelcome new ounce turning over the rest of the company to a new board controlled by Carl Icahn. In a take-it-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo search division, only to be shot down with fighting words from Yahoo. Yahoo¡¯s chairman Roy Bostock issued a statement over the weekend calling it, quote ¡°ludicrous¡± to think that Yahoo would accept Microsoft¡¯s, quote ¡°erratic and unpredictable behavior¡±, knocking down the bid, saying it is not in the best interest of Yahoo shareholders.

Yahoo listed the factors for its decisions. First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft/Icahn proposals. Secondly, the Microsoft/Icahn proposal would block a potential sale of all of Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen by Icahn¡¯s slate of board members, which has virtually no working knowledge of Yahoo¡¯s business. And finally, Yahoo believes the ousting of its board would destabilize the company for up to due year it will take to gain regulatory approval for the deal.

But also included in its response, Yahoo reiterated its willingness to sell the entire company for Microsoft¡¯s elevated 33 dollar a share or 47.5-billion-dollar-offer which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo¡¯s remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st, and we¡¯ll see then if Icahn gets his way when it comes to board seat.

sylvia_qian

Well, the bickering in tech-land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bit to buy the internet giant search engine while adding an unwelcomed new wants turning over the rest of the company to a new board controlled by Carl Icahn. And a ¡®take it or leave it¡¯ bit with a 24 hour time limit, Microsoft went after Yahoo¡¯s search division only to be shot down with fighting words from Yahoo, Yahoo¡¯s chairman Roy Bostock issued a statement over the weekend, calling it, (quote) ¡®ludicrous¡¯ , to think that Yahoo would accept Microsoft, (quote) ¡®erratic and unpredictable behavior¡¯. Knocking down the bit saying it is not in the best interests of Yahoo shareholders.

 

Yahoo listed the factors for its decision.

 

First, it¡¯s commercial agreement was Google, saying that provides superior financial value and less risk than the Microsoft Icahn proposals.

 

Secondly, the Microsoft Icahn proposal would block a potential sale of all of Yahoo for a full and fair price.

 

Third, the majority of Yahoo would be overseen by Icahn * board members which has virtually no working knowledge of Yahoo¡¯s business.

 

And finally, Yahoo believes the ousting of its board would destabilize the company for up to due year it will take, to gain regulatory approval for the deal.

 

But also included in its response, Yahoo reiterated its willingness to tell the entire company for Microsoft¡¯s elevated 33 dollars share or 47 and a half billion dollar offer, which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo 1 billion dollars for its search division and said it would spend 8 billion dollars for a 16% stake in Yahoo¡¯s remaining operations. As for the latest staffer, Yahoo said it contained a number of improvements but still was not good enough. Yahoo holds its annual shareholder meeting on August 1^st, and will see then if Icahn gets his way when it comes to board¡¯s seats.  

 

 

±±ÐÇÊø

on julie_R

 

While the bickering in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the internet giant search engine, while adding an unwelcome nuance turning over the rest of the company to a new board controlled by Carl Icahn. In a take-it-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo search division, only to be shot down with fighting words from Yahoo. Yahoo¡¯s chairman Roy Bostock issued a statement over the weekend calling it, quote ¡°ludicrous¡± to think that Yahoo would accept Microsoft¡¯s, quote ¡°erratic and unpredictable behavior¡±, knocking down the bid, saying it is not in the best interest of Yahoo shareholders.

Yahoo listed the factors for its decisions. First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft/Icahn proposals. Secondly, the Microsoft/Icahn proposal would block a potential sale of all of Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen by Icahn¡¯s slate of board members, which has virtually no working knowledge of Yahoo¡¯s business. And finally, Yahoo believes the ousting of its board would destabilize the company for up to due year it will take to gain regulatory approval for the deal.

But also included in its response, Yahoo reiterated its willingness to sell the entire company for Microsoft¡¯s elevated 33 dollar a share or 47.5-billion-dollar-offer which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo¡¯s remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st, and we¡¯ll see then if Icahn gets his way when it comes to board seat.

Lee_1107

Well the bickering in tech land continues----Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the internet giant search engine, while adding an unwelcome new nuance turning over the rest of the company to a new board controlled by Carl Icahn. In a take-it-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo search division, only to be shot down with fighting words from Yahoo. Yahoo¡¯s chairman Roy Bostock issued a statement over the weekend calling it ¡°ludicrous¡± to think that Yahoo would accept Microsoft¡¯s ¡°erratic and unpredictable behavior¡±, knocking down the bid, saying it is not in the best interest of Yahoo shareholders.

 

Yahoo listed the factors for its decisions. First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft Icahn proposals.

 

 Secondly, the Microsoft Icahn proposal would block a potential sale of all of Yahoo for a full and fair price.

 

Third, the majority of Yahoo would be overseen by Icahn¡¯s * of board members, which has virtually no working knowledge of Yahoo¡¯s business.

 

And finally, Yahoo believes the * of its board would destabilize the company for up to due year it will take to gain regulatory approval for the deal.

 

But also included in its response, Yahoo reiterated its willingness to sell the entire company for Microsoft¡¯s elevated 33 dollar a share or 47.5-billion-dollar-offer which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo¡¯s remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st, and we¡¯ll see then if Icahn gets his way when it comes to board seat.

johnsonchen688

on ±±ÐÇÊø

 

While the bickering in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the internet giant's search engine, while adding an unwelcome nuance turning over the rest of the company to a new board controlled by Carl Icahn. In a take-/-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo's search division, only to be shot down with fighting words from Yahoo. Yahoo¡¯s chairman Roy Bostock issued a statement over the weekend calling it, quote ¡°ludicrous¡± to think that Yahoo would accept Microsoft¡¯s, quote ¡°erratic and unpredictable behavior¡±, knocking down the bid, saying it is not in the best interest of Yahoo shareholders.

Yahoo listed the factors for its decision/. First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft/Icahn proposals. Secondly, the Microsoft/Icahn proposal would block a potential sale of all of Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen by Icahn-slated / board members, which has virtually no working knowledge of Yahoo¡¯s business. And finally, Yahoo believes the ousting of its board would destabilize the company for up to the one year it would take to gain regulatory approval for the deal.

But also included in its response, Yahoo reiterated its willingness to sell the entire company for Microsoft¡¯s elevated 33 dollar a share or 47.5-billion-dollar-offer which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo¡¯s remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st, and we¡¯ll see then if Icahn gets his way when it comes to board seats.

wenxinmongyuan

While the bickering in the tech land continues, Microsoft is after Yahoo again.On Firday,Microsoft renewed its bid buy the internet giant's search engine.While the adding unwelcom nuance turning over the rest of the company to a new board to controlled by Carl Icahn,in a take-it or leave-it with a 24 hour time limit,Microsoft went after Yahoo's search division,only to be shot down with fighting words from Yahoo.Yahoo' chairman Roy Bostock issue a statement over the weekend calling it, quote"ludicrous" to think the Yahoo would accept Microsoft's,quote"erratic and unpredictable behavior", knocking down the bid,saying it is not in the best interest of Yahoo shareholders. Yahoo list the factors for its decision.First,its the commercial agreement with Google,saying that provides superior financial value and less risk than Microsoft /Icahn proposals.Secone, Microsoft/Icahn proposal would block potentical sale of all of Yahoo for a full and fair price.Third,the majority of Yahoo would be overseen by Icahn's board menbers have no working knowladge of Yahoo's business,and finaly ,Yahoo believe the ousting of board change would destablize the company for up to the one year it would take to gain regulatory approval for the deal. But also including in its take response,Yahoo reiterated its willingness to sell the entire company for Mircosoft's elevated 33 dollar a share or 47.5 -billion-dollar-offer which was pulled from table back in May .But Microsoft did not buy it.Back in May also,Microsoft offered Yahoo one billion dollars for its search division.And said it would spend eight billion dollars for a 16% stake in Yahoo¡¯s remaining operations.As for the latest offer,Yahoo said it contained a number of improvements.But still was not good enough.Yahoo holds it annual shareholder meeting on August 1stand we¡¯ll see then if Icahn gets his way when it comes to board seats.

greatsea

on johnsonchen688

 

Well, the bickering in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the Internet giant's search engine, while adding an unwelcome nuance, turning over the rest of the company to a new board controlled by Carl Icahn. In a take-it-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo's search division, only to be shot down with fighting words from Yahoo. Yahoo's chairman Roy Bostock issued a statement over the weekend, calling it, "ludicrous" , to think that Yahoo would accept Microsoft's "erratic and unpredictable behavior", knocking down the bid, saying it is not in the best interest of Yahoo shareholders.

Yahoo listed the factors for its decision . First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft Icahn proposal. Secondly, the Microsoft Icahn proposal would block a potential sale of all of Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen by Icahn's slate of board members, which has virtually no working knowledge of Yahoo's business. And finally, Yahoo believes the ousting of its board would destabilize the company for up to the one year it would take to gain regulatory approval for the deal.

But also included in its response, Yahoo reiterated its willingness to sell the entire company for Microsoft's elevated 33 dollar a share or 47. 5-billion-dollar / offer, which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo's remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st, and we'll see then if Icahn gets its way when it comes to the board seats.

 

[ ±¾Ìû×îºóÓÉ greatsea ÓÚ 2008-7-17 11:26 ±à¼­ ]

aruaru77

well,the bickering in tech land continues,Microsoft is after Yahoo again.On Friday Microsoft renewed its bid to buy the internet giant search engine,while adding an unwelcome new wants turning over the rest of the company to a new board controlled by ~~.In a take-it-or-leave-it bid with the 24-hour time limit,Microsoft went after Yahoo's search division only to be shot down with fighting words from the Yahoo.Yahoo's chairman Roy Bostock issued a statement over the weekend calling it quote "ludicrous",to think the Yahoo would accept Microsoft's quote "erratic and unappredictable behavior" .Knocking down the bid saying it is not in the best interests of Yahoo shareholders.Yahoo listed the factors for its discisions ,first its comercial agreement with Google saying not provide supioror financial value and less risk than the Microsoft/Icahn proposals.Secondly ,the Microsoft/Icahn proposal would block potencial sale of all of Yahoo for a full and fair price.Third, the majority of Yahoo would be overseen by Icahn's slave borad members which have virtually no working knowledge of Yahoo's business.And finally, Yahoo believes the ousting of its board will destablilize the company for up to due year,it will take to gain regulatory approval for the deal. But also included in its respons,Yahoo reiterates its willingness to sell the entire company for Microsoft's elevated 33 dollor a share or 43.5 billion dollor offer which was pulled from the table back in May.But, Microsoft did not buy it.Back in May also ,Microsoft offer Yahoo 1 billion dollors for 6 division and said it would spent 8 billion dollors for a 16% stak in Yahoo's remaining operationions.As for the latest offer,Yahoo said it contained a number of improvements,but still was not good enough,Yahoo holds its annual shareholder's meeting on Augest 1st,and will see then if Icahn gets his way when it comes board seats.home

vitavina

Well, the bickering in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the Internet giant's search engine, while adding an unwelcome nuance, turning over the rest of the company to a new board controlled by Carl Icahn. In a take-it-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo's search division, only to be shot down with fighting words from Yahoo. Yahoo's chairman Roy Bostock issued a statement over the weekend, calling it equal "ludicrous" to think that Yahoo would accept Microsoft's " full erratic and unpredictable behavior", knocking down the bid, saying it is not in the best interest of Yahoo shareholders.

Yahoo listed the factors for its decision . First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft Icahn proposal. Secondly, the Microsoft Icahn proposal would block a potential sale of all of Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen by Icahn's slate of board members, which has virtually no working knowledge of Yahoo's business. And finally, Yahoo believes the ousting of its board would destabilize the company for up to the/ year it would take to gain regulatory approval for the deal.

But also included in its response, Yahoo reiterated its willingness to sell the entire company for Microsoft's elevated 33 dollar a share or 47. 5-billion-dollar offer, which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo's remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st, and we'll see then if Icahn gets his way when it comes to board seat.

[ ±¾Ìû×îºóÓÉ vitavina ÓÚ 2008-7-17 20:34 ±à¼­ ]

ÇïÔ¾²á°

While the bickering in the tech land continues, Microsoft is after Yahoo again.On Firday,Microsoft renewed its bid buy the internet giant's search engine.While the adding unwelcom nuance turning over the rest of the company to a new board to controlled by Carl Icahn,in a take-it or leave-it with a 24 hour time limit,Microsoft went after Yahoo's search division,only to be shot down with fighting words from Yahoo.Yahoo' chairman Roy Bostock issue a statement over the weekend calling it, quote"ludicrous" to think the Yahoo would accept Microsoft's,quote"erratic and unpredictable behavior", knocking down the bid,saying it is not in the best interest of Yahoo shareholders. Yahoo list the factors for its decision.First,its the commercial agreement with Google,saying that provides superior financial value and less risk than Microsoft /Icahn proposals.Secone, Microsoft/Icahn proposal would block potentical sale of all of Yahoo for a full and fair price.Third,the majority of Yahoo would be overseen by Icahn's board menbers have no working knowladge of Yahoo's business,and finaly ,Yahoo believe the ousting of board change would destablize the company for up to the one year it would take to gain regulatory approval for the deal. But also including in its take response,Yahoo reiterated its willingness to sell the entire company for Mircosoft's elevated 33 dollar a share or 47.5 -billion-dollar-offer which was pulled from table back in May .But Microsoft did not buy it.Back in May also,Microsoft offered Yahoo one billion dollars for its search division.And said it would spend eight billion dollars for a 16% stake in Yahoo¡¯s remaining operations.As for the latest offer,Yahoo said it contained a number of improvements.But still was not good enough.Yahoo holds it annual shareholder meeting on August 1stand we¡¯ll see then if Icahn gets his way when it comes to board seats.

luozhifa2000

Home Work

 

While the bickering in techland continues microsoft is after yahoo again,On friday,Mircrosoft renewed its bit to buy the internet giant search engine,while adding an unwelcome new ounce,turning over the rest of the company to a new board,controlled by XX, In a take it or leave it bit with a 24 hour time limit,microsoft went after yahoo search division in only to be shot down with fighting words from Yahoo,Yahoo's chairman R.B. issued a statement over the weekend calling it,quote         he think the Yahoo would accept microsoft called a redict and unpredictable behavior,nothing down the bit thing , it is not in the best interest of yahoo shareholder,yahoo listed the factors for exbitation      commercial agreement with google,they not provides the period financial value and less risk,and the microsoft I-com proposal,secondly,the Microsoft I -com proposal would block a potential sale of all of yahoo      and their price,third,the majority of yahoo would be overseen by eye board members which has no working knowledge of yahoo business,and finally yahoo believe the outer thing of its board would disable the company for up to this year it would take to gain regulars for you for the deal ,but also included in the response yahoo really read it  to willingness to sell the entire company for microsoft elevated 33 $ share or 47.5 billion $ offer,which was suppose from the table back in may,but microsoft did not buy it,back in may also,microsoft offer 1 million $ for search division,and said it spend 8 billion $ for 16% stake in  yahoo remaining operation ,for the latet offer,yahoo said it contained the number of improvements,but still was not good enough,yahoo hold its anual shareholder meeting on the Aug 1st and we'll see then if can get its way when it comes to board seat.

˯³Ç¸¡ÇÅ

On ±±ÊøÐÇ

While the bickering in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the internet giant search engine, while adding an unwelcome nuance turning over the rest of the company to a new board controlled by Carl Icahn. In a take-it-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo search division, only to be shot down with fighting words from Yahoo. Yahoo¡¯s chairman Roy Bostock issued a statement over the weekend calling it, quote ¡°ludicrous¡± to think that Yahoo would accept Microsoft¡¯s, quote ¡°erratic and unpredictable behavior¡±, knocking down the bid, saying it is not in the best interest of Yahoo shareholders.

Yahoo listed the factors for its decisions. First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft/Icahn proposals. Secondly, the Microsoft/Icahn proposal would block a potential sale of all of Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen by Icahn¡¯s slate board members, which has virtually no working knowledge of Yahoo¡¯s business. And finally, Yahoo believes the ousting of its board would destabilize the company for up to due year it will take to gain regulatory approval for the deal.

But also included in its response, Yahoo reiterated its willingness to sell the entire company for Microsoft¡¯s elevated 33 dollar a share or 47.5-billion-dollar-offer which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo¡¯s remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st, and we¡¯ll see then if Icahn gets his way when it comes to board seat.

 

ashlay_put

Well, the bickering in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the Internet Giant Search Engine while adding an unwelcome nuance, turning over the rest of the company to a new board controlled by Carl Icahn. In a take it or leave it bid with a 24-hour time limit, Microsoft went after Yahoo search division only to be shut down with fighting words from Yahoo.

 

Yahoo's chairman Roy Bostock issued a statement over the weekend, calling it quote "ludicrous" to think that Yahoo would accept Microsoft's quote "erratic and unpredictable behavior", knocking down the bid, saying it is not in the best interests of Yahoo shareholders.

 

Yahoo listed the factors for its dicision. First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft/Icahn proposal. Secondly, the Microsoft/Icahn proposal would block a potential sale of all Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen by Icahn's slate board members, whick has virtually no working knowledges of Yahoo's business. And finally, Yahoo believes the ousting of its board would destabilize the company for up to a year, it would take to gain regulatory approval for the deal. But also included in its responcse, Yahoo reiterated its willingness to sell the entire company for Microsoft elevated $33 a share or 47.5 billion dollar offer which was pulled from the table back in May, but Microsoft did not buy it.

 

Back in May also Microsoft offered Yahoo one billion dollars for its search division and said it would spend 8 billion dollars for a 16% stakes in Yahoo remianing operation. As for the lastest offer, Yahoo said it contained a number of improvements but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st and we'll see then if Icahn gets his way when it comes to board seats.

Chlo¨¦

Well, the bickering in tech land continues, Microsoft is after Yahoo again. On Friday, Microsoft renewed its bid to buy the Internet giant's search engine, while adding an unwelcome nuance, turning over the rest of the company to a new board controlled by Carl Icahn. In a take-it-or-leave-it bid with a 24-hour time limit, Microsoft went after Yahoo's search division, only to be shot down with fighting words from Yahoo. Yahoo's chairman Roy Bostock issued a statement over the weekend, calling it quote "ludicrous" to think that Yahoo would accept Microsoft's quote "erratic and unpredictable behavior", knocking down the bid, saying it is not in the best interest of Yahoo shareholders.

Yahoo listed the factors for its decision . First, its commercial agreement with Google, saying that provides superior financial value and less risk than the Microsoft Icahn proposal. Secondly, the Microsoft Icahn proposal would block a potential sale of all of Yahoo for a full and fair price. Third, the majority of Yahoo would be overseen by Icahn's slate of board members, which has virtually no working knowledge of Yahoo's business. And finally, Yahoo believes the ousting of its board would destabilize the company for up to the/ year it would take to gain regulatory approval for the deal.

But also included in its response, Yahoo reiterated its willingness to sell the entire company for Microsoft's elevated 33 dollar a share or 47. 5-billion-dollar offer, which was pulled from the table back in May. But Microsoft did not buy it. Back in May also, Microsoft offered Yahoo one billion dollars for its search division, and said it would spend eight billion dollars for a 16% stake in Yahoo's remaining operations. As for the latest offer, Yahoo said it contained a number of improvements, but still was not good enough. Yahoo holds its annual shareholder meeting on August 1st, and we'll see then if Icahn gets his way when it comes to board seats. vi