Microsoft won’t win in the online service battle. Yahoo officially reject Microsoft bid. That a good decision for Yahoo. AOL or NewsCorp are attracted to make cooperation with Yahoo in online media service. This should be a better solution for Yahoo than accepting Microsoft’s bid proposal.
As quoted from SweBee Tech News:
Yahoo! Board of Directors Officially Reject Microsoft’s Proposal by SweBee.com
The Yahoo! Board of Directors has carefully reviewed Microsoft’s unsolicited proposal with Yahoo!’s management team and financial and legal advisors and has unanimously concluded that the proposal is not in the best interests of Yahoo! and their stockholders.
What’s next on Microsoft plan after this rejection? Just wait and see this giant technology corporate will respond to Yahoo rejection.
