Microsoft made an offer to buy Yahoo! for $44.6 Billion is cash and stocks. It looks to me like Microsoft want to overthrow Google, and once again become the reigning “King of Silicon Valley”.
As of the announcement, Yahoo! stock has risen %60 in pre-market trading.
UPDATE 02/11/08: Yahoo! has rejected Microsoft’s $44.6 Billion bid. In a formal announcement, Yahoo! said Microsoft “substantially undervalues” them.
But Yahoo! also said, they might be willing to reconsider if Microsoft offered a high ammount.
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