Gadgets, Computers and Internet Blog - Net Catalogue

Yahoo board has officially spurned Microsoft’s offer of $44.6 billion in cash and shares to take up the giant internet portal. In a letter to the software giant’s bid, Yahoo board has rejected the unsolicited bid for ender-valuation. According to Yahoo, Microsoft’s bid “substantially undervalues Yahoo including our global brand, large worldwide audience, significant recent […]

After lots of speculation over several months, Microsoft Corp has finally plunged into the field and in an unsolicited bid has offered $44.6 billion to buy Yahoo Inc. this is the value of Yahoo stocks at $31 per share which is a premium of 62 percent over closing rates on Thursday at NASDAQ. The offer […]