Yahoo said Monday that the board of directors, in consultation with financial and legal advisors, has concluded that Microsoft's US$44.6 billion [b] bid for the company is not in its best interests.
(More to come.)
Marc Ferranti, IDG News Service

Get 24/7 live remote AT&T Tech Support 360* service along with select Lenovo* PCs (with Intel® Core™ 2 Duo processors) and save up to 200!
HP EliteBook* 6930p Notebook with Intel® vPro™ technology and a free HP Basic Docking Station - $641 instant savings!
Norton Antivirus 2010 (Full Product, 1 User)Price: $17.90
Anti-virus 2010 (OEM Product, 1 User)Price: $20.99
AntiVirus 2010 (Full Product)Price: $24.95
Norton AntiVirus 2009 (Full Product)Price: $16.89
AntiVirus Plus 2010 - 3 Users (Full Product)Price: $11.95
Norton Antivirus 2010 (Full Product, 3 Users)Price: $38.50
"BULLETIN: Yahoo Rejects Microsoft Bid" Comments