Fox Business writes:
"REDMOND, Wash. -- Microsoft Corp. called Yahoo Inc.'s rejection of its unsolicited $44.6 billion bid to buy the struggling search engine operator "unfortunate" late Monday but signaled it won't give up its efforts to acquire the company.
"It is unfortunate that Yahoo! has not embraced our full and fair proposal to combine our companies," Microsoft said in a statement.
The world's largest software maker also said that based on talks with shareholders from both Microsoft and Yahoo, it is "confident that moving forward promptly to consummate a transaction is in the best interests of all parties."