RSSArchive for February, 2008

Yahoo Rejects Microsoft’s Attempted Takeover Bid

Yahoo’s board unanimously decided to spurn Microsoft after concluding the offer as expected, worth $44.6 billion or $31 per share — “substantially undervalues” one of the Internet’s prized franchises. The cash-and stock deal is now valued at about $40 billion, or $28.91 per share, which a reflects a drop in Microsoft’s market value. But Yahoo [...]

Pakistan’s Ambassador to Afghanistan Missing

An official of the Khyber agency tribal administration has reported that the ambassador went through with out taking a security escort that was waiting for him at the start of the tribal territory. News reporters say that such escorts are routinely sent with dignitaries and officials when they travel through tribal areas. But some travelers [...]

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