Archive for February 1st, 2008

Microsoft bids $44.6 billion for Yahoo

1 February, 2008 in Google, Microsoft, News, Yahoo
Tags: , ,

In its response, Yahoo called the Microsoft bid “unsolicited” but did not reject it.
Microsoft’s offer, which was contained in the letter to Yahoo’s board, amounts to $31 a share and represents a 62 percent premium over Yahoo’s closing price on Thursday. Microsoft said it will offer shareholders the option of cash or stock.
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