You are here: Home / General / Microsoft wants to purchase Yahoo

Microsoft wants to purchase Yahoo

February 1, 2008 by SouthDreamZ  
Filed under General

Leave a Comment

Microsoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares.

The offer, contained in a letter to Yahoo's board, is 62% above Yahoo's closing share price on Thursday.

Yahoo cut its revenue forecasts earlier this week and said it would have to spend an additional $300m this year trying to revive the company.

It has been struggling in recent years to compete with Google, which has also been a competitor to Microsoft.

Click here to visit for complete details.

You Might Also Like

  1. Microsoft issues takeover ultimatum to YahooMicrosoft issues takeover ultimatum to Yahoo
  2. Microsoft wants to purchase YahooMicrosoft wants to purchase Yahoo
  3. Microsoft to release emergency patch today for IEMicrosoft to release emergency patch today for IE
  4. Will new search engine Cuil win against Google?Will new search engine Cuil win against Google?
  5. Top 10 Hollywood movies of 2009
  6. Anushka wants a villaAnushka wants a villa
  7. Nitin's Nitin's "hero" film songs for free download
  8. No irregularities in land purchased by actor RajnikanthNo irregularities in land purchased by actor Rajnikanth
  9. Sa Boo Three - Singer Ujjaini turns actress - Movie PreviewSa Boo Three - Singer Ujjaini turns actress - Movie Preview
  10. New Software arrived with Quick Install and no Un-install optionNew Software arrived with Quick Install and no Un-install option
SocialTwist Tell-a-Friend

Tags: , ,

Speak Your Mind

Tell us what you're thinking...

Please do not add HTML tags in your comments. All comments are moderated.

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Loading...