$44.6 Billion for Yahoo

By Tom | February 1, 2008

Microsoft said Friday that it had made an unsolicited offer to buy Yahoo for about $44.6 billion in a mix of cash and stock in an effort to challenge Google Inc.’s dominance in Internet search services and advertising.In response Yahoo said in a news release Friday that its board would evaluate Microsoft bid “carefully and promptly in the context of Yahoo’s strategic plans.”Steven A. Ballmer, Microsoft’s chief executive, in a statement said “We have great respect for Yahoo, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market.”

Tags: , , , ,

Stumble it! Sphere: Related Content

Topics: Breaking News |

Add to Netvibes Subscribe with Bloglines Small NewsSmall News Feed Subscribe to Small News:Get all the News In Small on your cell phone

« Internet failure hits Middle East and North Africa | Home | Tearless Onion Created »

Small-News Widgets

Download the Small-News.com Yahoo Widget, and NEVER miss a Breaking News


Download
.Mac (Apple Computer, Inc.)

Quote of the Day

April 22, 2008

Men often hate each other because they fear each other; they fear each other because they don’t know each other; they don’t know each other because they can not communicate; they can not communicate because they are separated.Martin Luther King, Jr.