Yahoo: Here’s why we rejected Microsoft offer

[staff]

Yahoo: Hereââ,¬â,,¢s why we rejected Microsoft offer
      

Yahoo’s surprise three-year forecast announcement on Tuesday lays out why the Internet giant has refused to budge from its belief that Microsoft’s bid severely undervalues the company.
The Sunnyvale, Calif. company believes it can nearly double its operating cash flow to $3.7 billion and boost revenue, excluding payments to affiliates, to $8.8 billion. Built into the [...]
         

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