Texas Business Lawyer

Confirming rumors that had been circulating since last week, the executive board of No. 2 search engine Yahoo! Inc. rejected a $44.6 billion takeover bid by Microsoft Corp., calling the offer of $31 a share too low. Microsoft, which has yet to respond, may consider taking their offer straight to Yahoo shareholders in an attempt to oust the current board. Yahoo stock rose 2% and Microsoft stock fell 1.3% following the offer.

Google Inc., the current No. 1 search engine, has expressed concerns about a possible Microsoft-Yahoo merger, and has suggested that antitrust regulators examine the proposal very carefully.

There are many complex regulations governing how your business can grow and act. If you have questions or concerns about these laws, call an Austin Business lawyer from the law firm of Slater & Kennon at 512-472-2431 right away.