Microsoft offers $44.6 billion for Yahoo - BetaONE will rise again!

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1st Feb 08, 12:43 PM

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Microsoft offers $44.6 billion for Yahoo

Microsoft Corp. is offering $44.6 billion in cash and stock for search engine operator Yahoo Inc. in a move to boost its competitive position in the online services market.

The unexpected announcement Friday comes as Microsoft, the world's biggest software company, seeks new ways to compete more effectively against the search and online advertising powerhouse Google Inc.

News source: MSNBC NEWS

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