Yahoo says “No,No” to Microsoft’s bid.
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Its the time for Microsoft to think and re-think why Yahoo rejected the deal which could be the biggest acquisition on Internet.Yahoo Inc. rejected the bid stating the bid to be too low. According to Yahoo, Microsoft has “undervalued Yahoo” by giving this “small” bid.It did not clearly state the amount expected but clearly stated, the global stand, 500 million users base and the growing advertising platform.
Microsoft might reconsider and raise the bid, as this takeover could change Microsoft’s position completely globally.Its been assumed Microsoft might take the chance of raising the bid considering all these factors as they are presently seeking help from investors and Yahoo shareholders to know how much the bid should be raised and bid and force Yahoo to make a friendly deal as soon as possible.
Yahoo might have considered Google’s position and its interference in this deal for this rejection.Or even Yahoo could be just playing with Microsoft to just raise the bid.This might be a risky step for Yahoo but no one knows what going on both the companies’ Analyst team.
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