Yahoo Smart To Reject Latest Microsoft-Icahn Offer, Which Was Just a Proxy Ploy
Microsoft (MSFT) and Carl Icahn made another formal, non-negotiable offer on Friday night to buy Yahoo's search assets (without releasing details) and gave the company 24 hours to accept or reject it. Yahoo (YHOO) rejected it. Yahoo also blasted Microsoft for its erratic behavior and "suggested" that Microsoft just buy the whole company for $33...
