Yahoo Inc.'s board has concluded Microsoft Corp.'s $44.6 billion takeover bid undervalues the slumping Internet pioneer and plans to reject the unsolicited offer, a person familiar with the situation said Saturday.
Yahoo board wins solid shareholder backing in vote
Yahoo Inc's board of directors won strong backing from shareholders at its annual meeting on Friday, with Jerry Yang, the company's embattled CEO,...
Yahoo profit rises, but Microsoft bid likely to stand pat
Yahoo Inc.'s first-quarter performance was a little like Goldilocks' favorite soup — not too hot and not too cold, and that has set the table...
Yahoo 1Q profit rises, but that might not thwart Microsoft
Yahoo Inc. delivered first-quarter results that surpassed analysts' modest expectations, but the performance might not be enough to fortify the...
Yahoo 1Q profit rises, but Microsoft bid likely to stand pat
Yahoo Inc. delivered first-quarter results that eclipsed analysts' modest expectations, but the performance did little to support the Internet...
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