Previously Yahoo after a week of it initial statement gave clean statements that it would reject Microsoft’s Offer and set up an alliance with Google. According to tech crunch Yahoo board met secretly on Friday to discuss and made a decision on the Microsoft Offer. According to latest releases Yahoo have decided to reject Microsoft’s offer this has been verified by a publication by Wall Street Journal, According to wall street Journal Yahoo will be sending a formal letter to Microsoft declining there offer by Monday.

The reason for rejection is simple Yahoo considers that Microsoft has undervalued Yahoo assets and have placed a bid that is lower then that expected by Yahoo, in simple terms Yahoo have decided to accepted the offer by Microsoft if the value of bid is increased 12 billion to 56.6 billion dollars i.e. $40 a share.

Now the balls are in the court of Microsoft if they can jump up 12 more billion into this accusation they would gain control of Yet another powerful heritage of the Web.

I predict the accusation will take place and Yahoo will be accquired by Microsoft, Microsoft CEO ‘Steve Ballmer’ has also
mentioned that if the accusation of Yahoo takes place the brand of Yahoo will live only powered by Microsoft. Some predict that Microsoft will shut down MSN or Hotmail and merge them to Yahoo but i have my doubts as Microsoft will keep them both alive and in competition with each other…. and with Google.

Sunday Feb 3rd 2008
Yahoo Inc would consider a business alliance with Google Inc as one way to rebuff a $44.6 billion takeover proposal by Microsoft, a source familiar with Yahoo’s strategy said on Sunday. Yahoo management is considering revisiting talks it held with Google several months ago on an alliance as an alternative to Microsoft’s bid, that source said. At $31 a share, Yahoo believes the bid undervalues the company, two sources said.
Source : Yahoo News

This statement by Yahoo Inc. clearly represents that they just give a big fat finger to Microsoft Up Yours! Apart from that Yahoo is also considering offers by Apple Computer to come in for the rescue. I still can’t accept the idea that Yahoo would become a part of Microsoft. Its devastating, since ages Yahoo has become a legend of internet, no doubt the company is suffering and is planning to layoff 1000’s of employees but since the old ages there was one site we all knew about and used it as well. Yahoo is the legend of internet, its not the best search engine and neither it has the best Mail servers but still Yahoo is something that reminds us of internet.

Worst case scenario if Microsoft acquires Yahoo what would be left of it, will Microsoft shutdown MSN.com and support Yahoo, will it close its MSN messenger and go for Yahoo Messenger, will msn live be replaced by MyYahoo, i dont think so all the services of Yahoo will be gradulay absorbed inside MSN and the legend of Yahoo will be dead.

The famous Generous Big by Microsoft to acquire Yahoo for 46.5 billion dollars is taking yet another exciting turn, so far the big amount is way beyond its limit which is putting serious concerns on the intentions of Microsoft. The most worried company on this accusation deal is Google as previously Google had two competitors Yahoo & Microsoft when combined together there will be one competition to Google. Today Google released a press statement on which Microsoft responded immediately seems more like a corporate war going open in press check it out below what they have to say.

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