Microsoft Offers to Buy Yahoo for $44.6 Billion
Software giant Microsoft made an offer on Friday to buy Yahoo.The offer, for $31 a share in cash and stock, represents a 62% premium to Yahoo’s closing price on Thursday. This may pose stiff competition to Google which seems to be dominating currently ! Microsoft says that this deal would create a “more efficient and competitive company”.For us,...
by Reshadat at February 1st, 2008 at 03:02 pm