Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today said the Yahoo! Board of Directors has carefully reviewed Microsoft’s unsolicited proposal with Yahoo!’s management team and financial and legal advisors and has unanimously concluded that the proposal is not in the best interests of Yahoo! and our stockholders.Yahoo! 的決定，將考驗軟體巨頭微軟是否願意付出更多代價來進行收購，微軟可能繼續加碼，但是相關人士指出，即使併購價錢的增加，也還是很有可能會不符合 Yahoo! 最終的期望，顯然這場史上前所未有的網路及軟體公司併購案，已經變成一場持久戰。
After careful evaluation, the Board believes that Microsoft’s proposal substantially undervalues Yahoo! including our global brand, large worldwide audience, significant recent investments in advertising platforms and future growth prospects, free cash flow and earnings potential, as well as our substantial unconsolidated investments. The Board of Directors is continually evaluating all of its strategic options in the context of the rapidly evolving industry environment and we remain committed to pursuing initiatives that maximize value for all stockholders.
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