Yahoo! to Spurn Microsoft

Now that Yahoo! is going to turn away Microsoft's hostile bid of 44 billion it will be interesting to see how things in Redmond play out. Clearly they are looking to make a play to boost there presence on the web and while they could try and sweeten the offer with the webs number 2 it is clear that Yahoo! thinks they are worth a lot more than what was offered and so it is probably a better idea that it looks at some other properties that might be available.