Fred Business News - Yahoo continued to reject Microsoft's $44.6 billion unsolicited bid for the company Monday.

The Internet company is not opposed to some sort of financial deal, but the current offer is too low, chairman Roy Bostock and chief executive Jerry Yang said in a letter responding to Microsoft chief Steve Ballmer.

Microsoft sent a letter to Yahoo on Saturday, threatening to offer the deal directly to stockholders if the company's board did not respond by April 26. When first put forward Feb. 1, the deal ...   more »