Microsoft Offers $44.6B for Yahoo
February 1, 2008
This set of flagpoles sits at one of the entrances to Microsoft Corporation in Redmond, Wash., Monday, Oct.19, 1998. Microsoft Corp. offered Friday Feb. 1, 2008 to buy search engine operator Yahoo Inc. for $44.6 billion in cash and stock in a move to boost its competitive edge in the online services market. (AP Photo/Joe Brokert)
(AP) -- Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.'s dominance of the lucrative online search and advertising markets.
Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .
Similar stories from PHYSorg:
Online ad improvement seen in IAC's 4Q loss
20 hours ago |
not rated yet |
0
Feds still troubled by Google's digital book deal (Update)
Feb 05, 2010 |
5 / 5 (1) |
0
Newly single AOL posts 4Q profit, despite ad drop
Feb 03, 2010 |
1 / 5 (1) |
0
Many wired Chinese unfazed at possible Google exit
Feb 01, 2010 |
3.8 / 5 (5) |
0
Last-minute objections filed to Google book settlement
Jan 28, 2010 |
not rated yet |
0


