TITLE

Microsoft Throws Yahoo $44.6B Bouquet

AUTHOR(S)
Spangler, Todd
PUB. DATE
February 2008
SOURCE
Multichannel News;2/4/2008, Vol. 29 Issue 5, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the offer of Microsoft company in purchasing the Web portal Yahoo. The Microsoft offer includes 44.6 billion dollars in cash and stock which is 62 percent premium over the 19.05 dollars closing price of Yahoo's stock. It is launched by Microsoft to beat Google in online advertising and audience. The offer needs the approval of the Yahoo's board and of the government regulators.
ACCESSION #
29360808

 

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