Author Topic: Microsoft bids $44.6 billion for Yahoo  (Read 302 times)

Offline Josetann

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Microsoft bids $44.6 billion for Yahoo
« on: February 01, 2008, 06:50:00 AM »
Offer--described by Yahoo as "unsolicited"--amounts to $31 per share, or a 62 percent premium above its closing stock price Thursday.   Microsoft went public Friday with a $44.6 billion cash-and-stock bid to acquire Yahoo.  In its response, Yahoo called the Microsoft bid "unsolicited" but did not reject it....

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