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Industry Insight

Microsoft Offers $45 Billion to Buy Yahoo


By Eric Vessels
Published: February 1, 2008

NEW YORK (CNNMoney.com) -- 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.

Training their guns clearly on Google. Is it too late? Apparently they made a run last year and were rebuffed by Yahoo. Ballmer is going at them again.

Update: Dr. Joe Webb comments over at WTT's Economics and Research Center



By Mike on Feb 01, 2008

If this goes thru I am closing my flickr and del.icio.us accounts.


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