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Reload this Page $150 Million Was Just A Drop In The Bucket (MS/Yahoo)
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Old 02-01-2008, 12:39 PM   #1
Spankey Spankey is offline
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Oct 2006
Default $150 Million Was Just A Drop In The Bucket (MS/Yahoo)
Microsoft Offers $44.6B for Yahoo

Microsoft Makes Unexpected $44.6B Offer for Internet Icon Yahoo

SAN FRANCISCO (AP) -- Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.'s dominance of the lucrative online search and advertising markets.

The surprise offer of $31 per share, made late Thursday and announced Friday, comes with Sunnyvale-based Yahoo in a vulnerable position....
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