Once spurned, Microsoft presses on

Yahoo's board may have rejected Microsoft's offer of $44.6 billion over the weekend but that doesn't mean the Redmond giant is going to take "no" for an answer. In a statement, the company finds it "unfortunate" that the "superior value" offered to Yahoo shareholders was rejected by the board. "Based on conversations with stakeholders of both companies, we are confident that moving forward promptly to consummate a transaction is in the best interests of all parties," Microsoft said. What exactly does that mean? According to Ars Technica, Microsoft essentially has two options at this point: either drive out the current board at Yahoo or convince shareholders to push the board to reconsider. Considering that the former option is likely to alienate current Yahoo employees, it seems more likely that Microsoft will choose to pursue the second method instead. Regardless, it seems unlikely that Microsoft will be able to complete this deal, unless it's willing to risk causing a serious shake up at Yahoo.

For more on the current state of the proposed deal:
- see this Ars Technica article