Friday, February 1, 2008

United States software giant Microsoft has launched an unsolicited bid to buy Internet search giant Yahoo! for US$44 billion or approximately US$31 per share.

The deal, which is half in cash and half in stock, if accepted by Yahoo!’s shareholders, could create a major competitor to Google, the search giant which currently dominates the Internet search market.

Retrieved from “https://en.wikinews.org/w/index.php?title=Microsoft_bids_$44_billion_for_Yahoo!&oldid=4374709”