Microsoft offers to buy Yahoo for $44.6 billion
Posted by Dennis Sellers 
Feb 1, 2008 at 2:55am
Microsoft went public Friday with a US$44.6 billion cash-and-stock bid to acquire Yahoo, reports CNET. In its response, Yahoo called the Microsoft bid “unsolicited”—but didn’t reject it.
Microsoft’s offer, which was contained in the letter to Yahoo’s board, amounts to $31 a share and represents a 62 percent premium over Yahoo’s closing price on Thursday. Microsoft said it will offer shareholders the option of cash or stock.
Just in case Microsoft wants to know. I won’t take less than $10 billion for Macsimum News...
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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
