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steveporsche

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steveporsche

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Friday, 02/01/2008 6:44:33 AM

Friday, February 01, 2008 6:44:33 AM

Post# of 252279
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.


http://biz.yahoo.com/ap/080201/microsoft_yahoo.html?.v=4
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