Yahoo Inc., has formally rejected Microsoft Corp. $45 billion unsolicited take over bid, the Yahoo! Board of Directors said Monday that the offer is not in the best interest of shareholders.
Jay-Z is joining forces with Steve Stoute, to open a new advertising venture, Translation Advertising, an agency that will help marketers reach multicultural consumers.
Today Microsoft Corp. announced that it has made an offer to the Yahoo! Inc. Board of Directors to acquire all the outstanding shares of Yahoo! common stock for $31 per share representing a total equity value of $44.6 billion.
