BizJournals Portfolio
Feb 11 2008 12:00am EDT

Yahoo Says 'No' to Microsoft the Way Mae West Said No to a Man

Yahoo officially rejected Microsoft's offer, and there are lots of good analytical reasons to think that it's just a delay tactic.

Or you can look at the Yahoo board's statement today:

After careful evaluation, the board believes that Microsoft's proposal substantially undervalues Yahoo including our global brand, large worldwide audience, significant recent investments in advertising platforms, and future growth prospects, free cash flow, and earnings potential, as well as our substantial unconsolidated investments.

Which, in business speak, is playing hard-to-get along the lines of, "When I'm good I'm very, very good, but when I'm bad, I'm better."

Microsoft works a little harder, Yahoo will be heading upstairs with it.

. □


blog comments powered by Disqus
Real Business, Real Results

Did anyone at Microsoft ever watch the (gasp!) offensively funny show Family Guy?

Ex-Morgan Stanley exec Zoe Cruz is now heading her own hedge fund. Are Wall Street's leaders done?

Martha, Bernie and Skilling know that what you wear for court can go a long way in public perception.

spotlight on

Health Care

Bad to the Bone No More

Companies such as General Mills say they're stepping up efforts to change employees' bad behavior and promote healthier lifestyles. Read More