MLUG: [MLUG - DISCUSSION] News Alert: Microsoft Offers to Buy Yahoo for $44.6 Billion (fwd)
[MLUG - DISCUSSION] News Alert: Microsoft Offers to Buy Yahoo for $44.6 Billion (fwd)
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I'd sell it!  --Mike


Breaking News Alert The New York Times Friday, February 1, 2008 -- 6:48 AM ET -----

Microsoft Offers to Buy Yahoo for $44.6 Billion

NEW YORK, Feb 1 (Reuters) - Microsoft Corp. said on Friday
that it had offered to acquire Yahoo Inc. in a proposed cash
and stock deal valued at $44.6 billion.

Microsoft said that 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.

Read More:
http://www.nytimes.com/

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