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Lucy Griffiths

Microsoft Offers to Buy Yahoo

1st Feb 2008 News, Industry News Less than a minute to read

In a world full of mega-money purchases and deals, Microsoft has set the Internet alight with an offer of $44.6bn (£22.4bn) in cash and stock to buy Yahoo.

This offer is 62% higher than Yahoo’s closing share price on Thursday 31st January 2008.

As of today, there’s been no comment from the search company so at the moment it’s just a question of ‘watch this space’.

Let’s just hope that the Internet doesn’t just end up being divided up between Google and Microsoft with any hint of individuality being snuffed out my the mere offer of a few billion dollars…

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