Friday, February 1, 2008

Breaking News Alert: Microsoft Offers to Buy Yahoo for $44.6 Billion

"NEW YORK, Feb 1 (Reuters) - Microsoft Corp. said on Friday that it had offered to acquire Yahoo Inc. in a proposed cash and stock deal valued at $44.6 billion.

Microsoft said that it had offered to buy Yahoo for $31 per share, which it said represented a 62 percent premium above the company's closing stock price on Nasdaq on Thursday.

Read More: http://www.nytimes.com/?emc=na"

1 comment:

Sheraz Alvi said...

Excellent news break I was thinking of posting the same on www.corporateskills.co.uk. But there is an update to it now when do you plan to repost the latest??

Cheers