Microsoft to buy Yahoo

Wow. This is a very interesting news. Just recently, Microsoft, a software giant made an offer to Yahoo to acquire their outstanding stocks for $31 per share. This would be equivalent to $44.6 billion total equity. Yahoo's closing price as of January 31, 2008 was $19.18. This makes Microsoft's offer equivalent to a 62% premium. The question is, would Yahoo's board of directors consider the offer?

If this union proceeds, will it have a great effect on Google's economic performance? Google right now is on top of Search Engines and on-line advertisement. Will the Microsoft-Yahoo tandem end this dominance?


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