Microsoft looking to Buy Yahoo for $44.6 billion

By Friday, February 1, 2008 0 No tags Permalink 0

Could the days of Google be numbered if Microsoft absorbs Yahoo? Yahoo is in serious trouble and executives have been leaving the company left and right. Now this morning big news is that the big M want to buy Yahoo for $44.6 mil. It’s slightly lower then the full value of the company which is about $50 billion but it’s enough for Microsoft to become a super huge big dog on the web.

Yahoo has release the following statement:

Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company,
today said that it has received an unsolicited proposal from Microsoft
to acquire the Company. The Company said that its Board of Directors
will evaluate this proposal carefully and promptly in the context of
Yahoo!’s strategic plans and pursue the best course of action to
maximize long-term value for shareholders.

Umm…I wouldn’t really have to think me…just send me the check and let the good times roll.

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