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Microsoft offers to buy Yahoo! for $44.6 billion

Friday, February 1st, 2008
by Bill

The $31-a-share bid of cash or Microsoft stock is 62 percent more than Yahoo’s closing price yesterday. Before today, Yahoo had dropped 18 percent this year in Nasdaq Stock Market trading, and this week posted a 23 percent profit decline for the fourth quarter.  Bloomberg.com: U.S.

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