Google fanboys: Its nice that you have an opinion and all, but don't think google is the FINAL master of the world. Yahoo has the highest world wide traffic ranking. Yahoo is number one, followed by google and youtube.
http://www.alexa.com/site/ds/top_sit...obal&lang=none
SAN FRANCISCO - Yahoo Inc.'s board has concluded Microsoft Corp.'s $44.6 billion takeover bid undervalues the slumping Internet pioneer and plans to reject the unsolicited offer, a person familiar with the situation said Saturday.
The decision, first reported by The Wall Street Journal on its Web site, could trigger a showdown involving two of the world's most prominent technology companies.
If it wants Yahoo badly enough, Microsoft could try to override Yahoo's board by taking its offer — originally valued at $31 per share — directly to the shareholders. If Microsoft pursued that risky route, it will likely have to nominate its slate of directors to supplant Yahoo's current 10-member board.
Alternatively, Microsoft could sweeten its bid. Many analysts believe Microsoft is prepared to offer as much as $35 per share for Yahoo, which still boasts one of the Internet's largest audiences and most powerful advertising vehicles despite a prolonged slump that has hammered its stock.
Yahoo's board reached the decision after exploring a wide variety of alternatives during the past week, according to the person who spoke to The Associated Press. The person didn't want to be identified because the reasons for Yahoo's rebuff won't be officially spelled out until Monday morning.
Microsoft and Yahoo declined to comment Saturday.