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Friday, February 01, 2008

Microsoft bids $45 billion for Yahoo,,,

"Microsoft Corp. made an unsolicited $44.6 billion cash and stock bid for Yahoo
on Friday, a deal that could shake up the competitive and lucrative market for
Internet search.
In a statement, Yahoo acknowledged receipt of the offer and
said its board would evaluate the proposal "carefully and promptly."
The deal
would pay Yahoo shareholders $31 a share, which represents a 62% premium from
where Yahoo stock closed on Thursday.
Microsoft's statement said the offer
allows Yahoo shareholders to elect to receive cash or a fixed number of shares
of Microsoft common stock, with the software giant's offer consisting of
one-half cash and one-half Microsoft common stock."

this is a huge jump for Microsoft, buying yahoo that is,,,
yahoo is one of the oldest site's been online, it was lunched on 1995 (thats about 13 years ago) and has a revenue each year about $6.7 billion that means Microsoft can take back what it had payed for Yahoo in about 6 years,,, Microsoft and Google started to buy anything they want, and i don't know if thats a good thing or a bad thing :\

most of the things we use is owned by them no wonder they make billions :P i should start my own Corporation

Source: CNN

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2 Comments:

Anonymous Anonymous said...

I miss yahoo so much

I dont even know anyone who uses yahoo search or even yahoo messenger....so i feel bad for yahoo :/

allah yarzegna methel ma rezag-hom :D

2/03/2008 07:39:00 AM  
Blogger Missy said...

hahaha yallaaa neft7 bs6aa enbeee3 b6eeeee5 :P

2/04/2008 06:55:00 PM  

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