Microsoft Bids for Yahoo- How About ‘Yahsoft’
I like it, we’ve heard rumors for over a year, and it’s finally here…
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. The deal would pay Yahoo shareholders $31 a share, which represents a 62% premium from where Yahoo stock closed on Thursday.
