Microsoft offers $44.6B for Yahoo

Discussion in 'General Chat' started by rightit, Feb 1, 2008.

  1. #1
    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 Justice Department says it is interested in reviewing antitrust issues associated with it.

    The surprise offer of $31 per share, made late Thursday and announced Friday, seizes on Yahoo’s weakness while Microsoft tries to muscle up in a high-stakes battle with Google likely to define the technology landscape for years to come.

    Your send your remarks at http://www.allthelook.com/blog/internet-and-online/microsoft-offers-446b-for-yahoo/
    and details news at http://news.yahoo.com/s/ap/20080201/ap_on_hi_te/microsoft_yahoo;_ylt=At9L9d4R3qmZl5BeSZBE_e6s0NUE
     
    rightit, Feb 1, 2008 IP
  2. erolelcott

    erolelcott Peon

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    #2
    well, wonder what`s gonna happen!!
     
    erolelcott, Feb 1, 2008 IP
  3. PHPGator

    PHPGator Banned

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    #3
    I would take the money and run. Yahoo is slowly losing ground in the war with Google. I used to be a Yahoo user, it was oneo f the best, if not the best search engine available. Now days, I only know one person who uses it.
     
    PHPGator, Feb 1, 2008 IP
  4. maste`

    maste` Peon

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    #4
    maste`, Feb 1, 2008 IP
  5. Proximity

    Proximity Banned

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    #5
    One of the biggest news today!
     
    Proximity, Feb 1, 2008 IP