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Yahoo: It’s Not That We Hate Microsot; We Merely Want More Money

Posted by Stan Schroeder under 1

Believe it all not, this time the title really says it all. Reuters reports that Yahoo plans to send a letter to Microsoft on Monday, in which they’ll state they’re not opposed to a deal with Microsoft per se, but they think their company is worth more than the $31 per share which is what Microsoft is offering them.

They also plan to “reject Microsoft’s suggestion that its business is deteriorating,” but let’s wait for the actual letter to appear, shall we? What seemed like the most exciting tech story of the year is now turning into a snoozefest.

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