Microsoft threatens to yank Yahoo offer

Microsoft is looking at its $42 billion bid for Yahoo in light of "worsening market conditions" according to Reuters.

Microsoft has been repeatedly trying to engage Yahoo's board in discussions, this person said. But the market has deteriorated and changes in Yahoo's business may have dragged down its value below what it was when Microsoft made its $44.6 billion bid for the Internet company on January 31.
[Reuters ]