“Gimme more, gimme more!” Yahoo plans to reject the solicited Microsoft bid

In accordance to Fortune magazine Yahoo board  inclines to reject the Microsoft bid of $44.6 billion dollars what corresponds to $31/share explaining that such a low quote per share is undervalues the company. The Board would try to raise the bid up to $40/share that would increase the sum of the bid for over 12 billion dollars.

So it comes the question - keeping in mind that for the bid of $44.6 billion Microsoft plans to go in debt, would the increased bid force the Microsoft CEO Steve Ballmer to empty the untouchable Microsoft's "cash savings" estimated to $23 billion? Would the dream to get Yahoo and to reign in the cyber market of online advertising and searching worse the spend money if the Microsoft shares have already lost 12 % since Jan. 31, closing on Friday with only $28.56?

Natalia, reporter of Ecommerce Journal