The report says that Yahoo will formally reject the offer in a letter on Monday, since they believe it “massively undervalues” the company. The ball is firmly back in MS’s end of the court - they will be forced to put themselves into substantial debt trying to force a hostile takeover (aren’t MS sharholders going to love that on - yeah go ahead and piss away our 19B cash pile for a failing company) - or give up on it and look like a coward. Buying Yahoo will not magically make Microsoft smarter, especially since Yahoo has proven, over many years, that. Give me my fucking retained earnings as a dividend, make Office for a profit, make Server for a large profit, and make Windows so it works underwater in space, in the future, across standards, platforms, without a hoot because it is a god damn utility that doesn’t give a fuck because everyone has to use it and doesn’t hate it because it just fucking does its job come hell or high water. You claim that the entire financial industry is built on “exponential growth” but you fail to ignore the fact that Yahoo abd most tech stocks choose to hold their stock out as a growth stock, meaning they can only justify their stock price by *gasp* growing. read more