MS bids $44.6 billion for Yahoo

FYI…

- http://news.yahoo.com/s/ap/20080201/ap_on_…crosoft_yahoo_9
Feb. 1, 2008 - REDMOND, Wash. - "Microsoft Corp. is offering $44.6 billion in cash and stock for search engine operator Yahoo Inc. in a move to boost its competitive edge in the online services market. The unexpected announcement Friday comes as Microsoft, the world's biggest software company, seeks new ways to compete more efrfectively against the search and online advertising powerhouse Google Inc. In a letter to Yahoo's board of directors, Microsoft Chief Executive Steve Ballmer said the company will bid $31 per share, representing a 62 percent premium to Yahoo's closing stock price Thursday…"

FYI…

- http://www.reuters.com/article/technologyN…0080201?sp=true
Feb. 1, 2008 - "…Skeptics say Microsoft and Yahoo have very different corporate cultures and worry about a clash such as the one that marred AOL's $182 billion purchase of Time Warner in 2001, which is seen as the worst merger in recent history…."

Microsoft trying to take over something again, what else is new? I'd like to see Yahoo tell them to get lost because it'd suck to see Yahoo become part of Microsoft but they probably will.