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Microsoft offers to buy Yahoo for $44.6 billion

Posted on 02/01/2008
Tag: microsoft,yahoo

Technology giant Microsoft Corp said on Friday that it had offered to acquire Internet media company Yahoo Inc for $44.6 billion in cash and stock.
Microsoft said 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.


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