Last week, Microsoft sent an unsolicited bid of $44.6 billion to purchase Yahoo! Over these days, the blogosphere has been buzzing with opinions of what exactly this merger would mean. Today, the Wall Street Journal notes that Yahoo! plans to reject the bid saying that the offer “massively undervalues” Yahoo! I think that’s code for “uh, this purse feels a little light…”
“It’s a silly hold out for a failing company,” opined Agent Genius founder, Benn Rosales.
“Translation: $5 more bucks please,” Jason Calacanis of Mahalo noted.
I have to ask, “oh yeah, Yahoo?” and I’m not the only one… Google learns of the possible merger and the rumor is that they’re about to flex their Scharzenneger-esque muscles and put together a plan to drop some pocket change on C|Net, asking “oh yeah, Yahoo?”