Yahoo said No to Merger – In talks with Time Warner.
Yahoo! Rejected Microsoft’s offer according to British Telegraph.co.ukÂ
” The board of Yahoo! met over the weekend and decided to reject the $31 a share offer but analysts suggested it is likely to accept a higher offer. According to influential technology analyst Henry Blodget: “Yahoo! has now indicated that it won’t refuse to sell the company – thus forcing Microsoft to decide whether to pursue a hostile takeover.”
 According to Time Online Yahoo is in the talks with AOL(Time Warner), also considering to team Up with Google.Â
“It is also understood that one option being explored is to restart merger talks with AOL, the online business owned by Time Warner. Tie-ups with groups such as Google or Disney are also being considered. Although Yahoo! and AOL previously failed to join forces because of differences over price, it is hoped that the urgency created by an unwelcome approach from Microsoft and an impending economic downturn will spur the two into new talks. Google, which offered support to Yahoo! when the Microsoft approach was made public, also has a 5 per cent stake in AOL. “
 This is either a strategy to bump up the offer from Microsoft or a desperate attempt to avoid the merger.Â
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