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Inside money, markets, and Big Tech

This article was published on February 9, 2008

“Yahoo to reject 44 billion dollar offer of Microsoft”

“Yahoo to reject 44 billion dollar offer of Microsoft”
Patrick de Laive
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Patrick de Laive

CPO and co-founder, TNW

Patrick de Laive is an experienced entrepreneur and daddy of Bo and Denne. He is co-founder of TNW and sporadicly invests in startups. He is Patrick de Laive is an experienced entrepreneur and daddy of Bo and Denne. He is co-founder of TNW and sporadicly invests in startups. He is a frequently asked speaker at (tech) events across the globe. Check his LinkedIn profile and @Patrick on Twitter for more information.

Money where your mouth is...A quiet Saturday… nope. The Wall Street Journal just reported that ‘a person familiar with the situation’ says that the board of Yahoo has decided to reject the 44 billion dollar offer from Microsoft because they believe this offer undervalues the company. According to the market Yahoo is worth exactly 40.72 Billion at this moment with their stock trading close to $30.

So what is the value of Yahoo? Is Microsoft going to raise its bid? Is Yahoo just starting to play this game to get more offers from News Corp? I don’t have the answer, but I’ll be watching this weekend.