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Friday, February 01, 2008

Two Dominant Players in Search? Microsoft offers $31-share, $44.6 billion, for Yahoo

Cash-and-stock offer, at 62% premium, targets 'one dominant player' WASHINGTON (MarketWatch) -- Microsoft Corp. on Friday offered to buy search engine operator Yahoo Inc. for $31 a share, or $44.6 billion, in an effort to better compete with online advertising giant Google Inc.

Read at MarketWatch.com.

Read the WSJ.com article here.

The rumor mill was right.

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