Yippee! Yahoo's board rejects Microsoft's bid

I hope this is not just an attempt to up the offer. Funny that Google news has not picked up on this yet. I got an alert by text message from the WSJ.

Update. I see Henry Blodget continues to agree with me. He has amended his original arguments against the Yahoo acquisition to point out that MSFT should not be pursuing the ad market. Good thinking!

See my previous post Death Knell for Microsoft.