$44.6 Billion "Too Low" for Yahoo
Microsoft’s buyout bid of $44.6 billion has been criticized by Yahoo, according to Ron Jackson’s latest The Lowdown post.
Yahoo reportedly rejected the offer, citing it as “too low”. Yahoo expects their annual revenue to soar to $8.1 billion by 2010, despite lower estimations made by Wall Street analysts.
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Source : DNJournal – With Ron Jackson’s Permission – March 18, 2008