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Friday, February 01, 2008

Microsoft to buy Yahoo?

Oh no. It looks like Microsoft have made an offer to buy Yahoo!

Microsoft have apparently offered $44.6bn or £22.4bn, in cash and shares.

It sounds like a good deal for shareholders who'll get 62% over the closing value of the share on Thursday (31st Jan) night when the shares are down 46% on their high of last year.

But will this be a good thing for search & the Internet or not?

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