Microsoft Bids $44.6 Billion For Yahoo

Posted by kdawson on Friday February 1, 2008 @02:01AM from the big-deal dept.

The news is everywhere this morning about Microsoft's $44.6B offer to buy Yahoo. The offer represents $31 a share, a 62% premium over Thursday's closing price; and Yahoo's stock price has been rising in after-hours trading. Microsoft has been making overtures to Yahoo since 2006, according to the CNet article, including a buyout offer last February that was rebuffed. Mediapost.com has some perspective on the deal from the point of view of ads and eyeballs. Such an acquisition, which would be Microsoft's largest by far — it bought Aquantive last year for $6 billion — would need approval by US and EU authorities. A European Commission spokesman declined to comment.

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Re:Very odd by Rethcir · 2008-02-01 04:52 · Score: 0, Redundant

You're so cool for using that dollar sign in M$. I've never seen anyone do that before, never in nigh on 30 years, it's so cool and original. What's next for you friend, juxtaposing capitalized nonsense against pictures of cats?
Re:Very odd by donweel · 2008-02-01 05:43 · Score: 0, Redundant

M$

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Many a long talk since then I have had with the man in the moon; he had my confidence on the voyage. Joshua Slocum