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Microsoft Proposes Yahoo Acquisition

This just in - Microsoft has proposed to acquire Yahoo for $31 per share in a $44B deal.  The full details, including the letter sent from Steve Ballmer to the Yahoo board can be found here.  If this deal goes through, it should help Microsoft to compete with Google in the online space, and would seem to be a (rare) case where Microsoft beat Google to the punch on an acquisition deal.

Published Friday, February 01, 2008 9:05 AM by ssmith
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