Yahoo rejects Microsoft’s bid February 9, 2008Posted by chetan in : US Wireless Market , trackback
Not a surprise but Yahoo plans to reject Microsoft’s bid. Now comes the test of Ballmer’s mettle. Will he follow-up on his hostile bid or wait for another day. Time will give Google to figure out a strategy to keep Microsoft at bay. Ballmer should consult with Mr. Ellison who has had a good knack of hostile takeovers with success.