OT - Microsoft Bids $44.6B for Yahoo Friday February 1, 6:41 am ET Microsoft to Pay $31 Per Share for Yahoo, Totaling $44.6 Billion in Cash and Stock
REDMOND, Wash. (AP) -- Microsoft Corp. offered to buy search engine operator Yahoo Inc. for $44.6 billion in cash and stock in a move to boost its competitive edge in the online services market. Microsoft bid $31 per share for Yahoo, representing a 62 percent premium to Yahoo's closing stock price Thursday.
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