CNNMoney.com: Yahoo Gets Desperate
Paul R. La Monica, CNNMoney.com editor at large, offers up a scathing commentary of Yahoo’s dwindling options in the face of their defiant refusal of Microsoft’s $44.6 billion takeover bid.
“Not only has the company turned down Microsoft’s takeover offer, but according to a report in The Times of London Monday, Yahoo is said to be considering re-entering talks with my parent company, Time Warner, to buy AOL,” La Monica writes. “It’s reasonable for Yahoo to try and extract a higher bid from Microsoft.
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