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Microsoft tries to buy Yahoo!

Started by Maldonado, February 01, 2008, 11:58:42 AM

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Maldonado

http://news.bbc.co.uk/1/hi/business/7222114.stm

QuoteMicrosoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares.

The offer, contained in a letter to Yahoos board, represents a 62% premium above Yahoos closing share price on the Nasdaq on Thursday.

It is an attempt by Microsoft to improve the online services that it offers to its customers.

In addition to its search engine, Yahoo has been innovating recently in the field of online advertising.

Im still gonna use google.

FaT LeoN

today on the sky news scroll ticker that Microsoft have bought yahoo for 26 billion...... cant see any internet news with this.

Mark

I think they have only bid on it so far. It has to go to a competition commission of sorts.


Liam

Looks like the deal might go ahead i reckon...

Liam