Microsoft offers to buy Yahoo! for $44.6 billion

Feb. 1, 2008   Leave a Comment  

Microsoft announced Friday their decision to offer to buy Yahoo!, taking all outstanding shares for $31 each in what would be a monster $44.6 billion deal. It would be a 62 percent bonus to shareholders holding a stock valued at under $20 Thursday. Yahoo’s stock soared in early trading Friday, up over 50 percent at [...]