Yahoo rejects Microsoft bid; Google to buy CNET?

February 10, 2008

Stocks, Mutual Funds, Forex, Finance Philippines

Make Money Online, Stocks, Mutual Funds, Philippines

Too cheap.

That’s basically Yahoo!‘s response to Microsoft‘s unsolicited offer of $44.6 billion. Media reports are abound that Yahoo! is set to reject the world’s largest software maker’s acquisition bid.

According to an insider, the board decided that Microsoft’s $31-a-share offer “massively undervalues” Yahoo!. The company is unlikely to consider any offer below $40 per share, the insider said.

That obviously means Yahoo! is interested in accepting a bid offer, as long as the price is right.

It still is all about the money, baby.

Google to acquire CNET?

And what’s this?

Google is rumored to be eyeing tech news provider CNET as its latest acquisition. Nothing is finalized or confirmed, but the rumor is enough to bump up the CNET stock by 7% to $8.09 on February 8.

Is it happening or not? Ironically, the answer cannot simply be Googled.

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Written by James | PinoyMoneyTalk.com · Filed Under News & Current Events

Join the discussion! Post a comment below

http://tradeswing.blogspot.com Dan

I could care less about MS and YHOO but the idea that GOOG might be buying CNET! Now that’s awesome.
http://readytoberich.blogspot.com Fitz

“Is it happening or not? Ironically, the answer cannot simply be Googled.”

That last line made me laugh. Very witty ending to a simple and informative post.

More power!
http://www.Go4Funding.com Startup Funding

I am not how much the deal will really affect the Google search. I feel Google search will continue to increase as the search results are very accurate.

CP
http://www.Go4Funding.com
http://www.pinoy-compuworld.com/ Noel Nuguid | Pinoy Compuworld

I guess that’s yahoo’s way of saying… “higher bid please”
http://http//www.getfatmoney.com David | www.GetFatMoney.com

Yahoo wants more money from Microsoft but the big question is will the share holder from Microsoft side agree to giving more for the big. If, after the take over of Yahoo, Microsoft could make Yahoo profitable then Microsoft could become even more of a threat to Google. Microsoft could become even more powerful then what it is today.
charles palma

Googles power is undeniably extraordinary in strength. I think they can buy Honda or Samsung or Oil companies in Saudi Arabia. CNET will be acquired if google offers slot to officials of the current CNET networks, Inc. CBS Interactive who now owns the company should think million times before saying “YES”.

Thank you
Charles
http://www.resourcesandmonet.blogspot.com charles palma

Keep it up and keep us informed about the Google-CNET Rumors.