Newz Bytez 4/10/08

Yahoo/AOL Merger – F**k Off MS

Theres been some real drama going on between Yahoo and Microsoft lately. Here’s the story thus far:

1. Microsoft tries to buyout Yahoo for $44.6 Billion.
2. Yahoo rejects Microsofts offer
3. Microsoft retailiates by threatening to take their case directly to Yahoos shareholders and even start a proxy battle in which they would elect another set of directors to Yahoo’s board of directors.
4. Yahoo still rejects Microsofts offer.
5. Yahoo closes in on a deal to buy AOL from TimeWarner, which would counter their declining shares.

We’ll see where it goes from here, but it certainly is an interesting story to follow.