Yahoo! not so hot for Microsoft's initial bid, plans to reject

We're fairly certain we haven't heard the last of this Microsoft offer to buy Yahoo! -- or Google's plans to intervene -- but it looks like round one has Yahoo! saying "no thanks" to Microsoft's $44.6 billion buyout offer. Apparently some of the number crunchers inside Yahoo! feel like the number is too low of a valuation, while others want to get tied up with Google to improve search revenues -- which some seem to think might have some antitrust implications. Pah, "antitrust implications." At least Microsoft remembers when men were men, and monopolies were monopolies.

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