Saturday, February 9, 2008

Debt Rattle, February 9 2008

Updated 3.50pmYahoo Board to Reject Microsoft Bid Yahoo Inc.'s board plans to reject Microsoft Corp.'s unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.After a series of meetings over the past week, Yahoo's board determined that the $31 per share offer "massively undervalues" Yahoo, the person said. It also doesn't account for the risks Yahoo

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