$31 per share offer “massively undervalues” Yahoo: Yahoo Board to Reject Microsoft Bid
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though i do agree that 31 a share is undervaluing yahoo (who was trading at 28 at the time), i do think microsoft + yahoo is a good thing – they both are massively lagging behind and would be good competition for google. this would promote pressure for new apps, better usability, and hopefully produce new functionality. from an “evil corporation” point of view, murdock+myspace is much more evil than microsoft. if i were yang, i’d be, “hey no go this time, but let’s talk.”