Yahoo Says - Not So Fast Microsoft

Yahoo has denied Microsoft something it wants, and Microsoft is none too happy. Today Yahoo Corporation officially rejected Microsoft's 45 billion dollar unsolicited buy-out offer as insufficient. 45 Billion?!? Every time we heard the offer, we thought to ourselves, that reporter must have made a mistake - he must've meant 45 million. Guess not. Even that astronomical number, according to Yahoo "significantly undervalues [the company's] worth."

Microsoft has issued a counter-statement saying (in a shady Mr.Burns voice, we're certain...) "Yahoo's decision to reject the offer was unfortunate." Analysts believe Yahoo may just be playing hard to get and that Microsoft knows it. Yahoo's refusal included language which suggested they'd be open to further overtures and offers. Experts expect Microsoft to sweeten the temptation for Yahoo by increasing the offer by another 5 to 12 billion dollars.

If Microsoft succeeds in buying out Yahoo, it will be the largest acquisition in Microsoft history. Microsoft hopes by purchasing Yahoo it might be able to chip away at Google's dominance of the search engine market.