Roy Bostock – The Mail & Guardian

/ 4 May 2008

Microsoft withdraws offer for Yahoo!

Microsoft walked away from its bid to buy Yahoo! on Saturday after the internet company turned down its offer to raise the price by -billion to ,5-billion. Microsoft’s offer was for a share but Yahoo! would not lower its demand below , Microsoft chief executive Steve Ballmer said.

By Anupreeta Das

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Article

/ 7 April 2008

Yahoo! rejects latest Microsoft takeover bid

United States internet company Yahoo! on Monday rejected software giant Microsoft’s three-week ultimatum to accept a takeover offer, but left the door open to a higher bid. "We continue to believe that your proposal is not in the best interests of Yahoo! and our stockholders," it said in a letter to Steve Ballmer, CEO of Microsoft.

By Staff Reporter