Microsoft offers to buy Yahoo for USD 44.6 billion

bradman · 02-02-2008, 02:01 AM

Technology giant Microsoft Corp said on Friday that it had offered to acquire Internet media company Yahoo Inc for USD 44.6 billion in cash and stock.

Microsoft said it had offered to buy Yahoo for USD 31 per share, which it said represented a 62 per cent premium above the company's closing stock price on Nasdaq on Thursday.

"We have great respect for Yahoo, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market," Microsoft Chief Executive Steve Ballmer said in a statement.

Yahoo was not immediately available for comment. Microsoft said it had identified four areas that would generate at least USD 1 billion in annual synergies for the combined entity.
Yahoo shares rose 56 per cent to $29.95 in pre-market trading on Friday following the announcement. US stock index futures also jumped after the news was released.

C138 Kaysone · 02-02-2008, 03:01 AM

I cannot see MSFT buying yahoo, but why would yahoo give themselves up to microsoft? its like microsoft internet explorer bombarding into AOL

JoniMontana · 02-02-2008, 04:51 AM

yahoo wont sell , they have GOOD working buisnse (and cash making) they wont sell it (i hope so)

shortbus408 · 02-02-2008, 05:48 AM

i wouldnt do it yahoo could make more money.

C138 Kaysone · 02-02-2008, 07:50 AM

Microsoft might make yahoo crash or just make the site go bad. Yahoo is find the way it is

JoniMontana · 02-02-2008, 04:58 PM

when we will know if they sold it?

amputtatedsoul · 02-02-2008, 06:20 PM

hm, great business...wonder what will be the result...

56kuser · 02-02-2008, 09:52 PM

interesting.i want to see the results

amputtatedsoul · 02-03-2008, 03:54 PM

maybe yahoo will not surrender so easy

bulletservice · 02-03-2008, 07:24 PM

I dont think yahoo will do it. If yahoo do that what will be the next name for yahoo ??

amputtatedsoul · 02-03-2008, 11:10 PM

microhoo

))

spybuster · 02-07-2008, 07:33 PM

Hmm...Why do I feel that it's a rumour? Anyway, me not much bothered about the big fish deals. Anyhow, only we are going to get benefitted

starman · 03-05-2008, 01:56 PM

well I heard my friends telling me this info but I am not sure how much it is true.

02-02-2008, 02:01 AM	#1 (permalink)
bradman SUB Introducing Join Date: Feb 2008 Posts: 9	Microsoft offers to buy Yahoo for USD 44.6 billion Technology giant Microsoft Corp said on Friday that it had offered to acquire Internet media company Yahoo Inc for USD 44.6 billion in cash and stock. Microsoft said it had offered to buy Yahoo for USD 31 per share, which it said represented a 62 per cent premium above the company's closing stock price on Nasdaq on Thursday. "We have great respect for Yahoo, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market," Microsoft Chief Executive Steve Ballmer said in a statement. Yahoo was not immediately available for comment. Microsoft said it had identified four areas that would generate at least USD 1 billion in annual synergies for the combined entity. Yahoo shares rose 56 per cent to $29.95 in pre-market trading on Friday following the announcement. US stock index futures also jumped after the news was released.

02-02-2008, 04:51 AM	#3 (permalink)
JoniMontana SUB Super Star Join Date: Feb 2008 Location: Israel Posts: 395	yahoo wont sell , they have GOOD working buisnse (and cash making) they wont sell it (i hope so) __________________ Earn Cash From Surf in the network!!! Click here!!! Proxy \| Nothing Here OriAmiga.net

02-02-2008, 04:58 PM	#6 (permalink)
JoniMontana SUB Super Star Join Date: Feb 2008 Location: Israel Posts: 395	when we will know if they sold it? __________________ Earn Cash From Surf in the network!!! Click here!!! Proxy \| Nothing Here OriAmiga.net

02-07-2008, 07:33 PM	#12 (permalink)
spybuster SUB Rising Star Join Date: Feb 2008 Posts: 63	Hmm...Why do I feel that it's a rumour? Anyway, me not much bothered about the big fish deals. Anyhow, only we are going to get benefitted __________________ Please rep me, if you find my posts correct and useful. http://netgeex.net http://pragith.net

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02-02-2008, 03:01 AM	#2 (permalink)
C138 Kaysone Banned Join Date: Jan 2008 Location: None of your business Posts: 358	I cannot see MSFT buying yahoo, but why would yahoo give themselves up to microsoft? its like microsoft internet explorer bombarding into AOL

02-02-2008, 05:48 AM	#4 (permalink)
shortbus408 SUB Rising Star Join Date: Jan 2008 Posts: 69	i wouldnt do it yahoo could make more money.

02-02-2008, 07:50 AM	#5 (permalink)
C138 Kaysone Banned Join Date: Jan 2008 Location: None of your business Posts: 358	Microsoft might make yahoo crash or just make the site go bad. Yahoo is find the way it is

02-02-2008, 06:20 PM	#7 (permalink)
amputtatedsoul SUB Super Star Join Date: Feb 2008 Posts: 453	hm, great business...wonder what will be the result...

02-02-2008, 09:52 PM	#8 (permalink)
56kuser SUB Rising Star Join Date: Feb 2008 Posts: 63	interesting.i want to see the results

02-03-2008, 03:54 PM	#9 (permalink)
amputtatedsoul SUB Super Star Join Date: Feb 2008 Posts: 453	maybe yahoo will not surrender so easy

02-03-2008, 07:24 PM	#10 (permalink)
bulletservice Banned Join Date: Feb 2008 Posts: 440	I dont think yahoo will do it. If yahoo do that what will be the next name for yahoo ??

02-03-2008, 11:10 PM	#11 (permalink)
amputtatedsoul SUB Super Star Join Date: Feb 2008 Posts: 453	microhoo ))

03-05-2008, 01:56 PM	#13 (permalink)
starman SUB Super Star Join Date: Mar 2008 Posts: 350	well I heard my friends telling me this info but I am not sure how much it is true.

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