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Microsoft Offers $44.6B for Yahoo
World Business Breaking News
microsoft_yahoo_ms.jpg
Microsoft made an unsolicited $44.6 billion US $
offer
for Yahoo, the Internet icon and one the best known Web portals, in a move to boost its competitive edge against Google Inc. in the online services market.
This offer is 60% over the share market value for Yahoo share.
Talks between Microsoft & Yahoo began in April 2007
The share market in US is moving up on the back of these news.
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