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In February 2008 Microsoft Corporation made an unsolicited bid to acquire Yahoo for .6 billion.
Yahoo formally rejected the bid, claiming that it "substantially undervalues" the company and was not in the interest of its shareholders.
Video was one of the company's key growth areas and the acquisition made Yahoo's video ad platform the largest in the U. By the fourth quarter of 2013, the company's share price (NASDAQ: YHOO) had more than doubled since Marissa Mayer took over as president in July 2012; however, the share price peaked at about in November 2013.
) is an American multinational technology company headquartered in Sunnyvale, California. is the highest-read news and media website, with over 7 billion views per month, being the sixth most visited website globally, As of 28 December 2016 The term "hierarchical" described how the Yahoo database was arranged in layers of subcategories.
announced the acquisition of social Web browser concern Rock Melt.
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