What a Microsoft-Yahoo deal would mean (MSN)
Combining the two companies is considered a good start in the battle with rival Google, but the latter remains a formidable online foe.
By Forbes.com
Microsoft may be the biggest software company in the world, but would buying Yahoo for nearly $45 billion mean it can effectively combat Google in the online stakes? Let's just say it's a step in the right direction.
Microsoft (MSFT, news, msgs) made its first official bid for Yahoo (YHOO, news, msgs) today, at a price of $31 per share, or $44.6 billion. This represents a whopping 62% premium to the Internet portal's closing price on Jan. 31 and points to a sense of urgency in the fight against leading search player Google (GOOG, news, msgs).
Shares of Yahoo had soared 48.12%, to $28.41, by shortly after 2 p.m. ET. Microsoft's shares were down 6.6%, to $30.45, and Google's had fallen 8%, to $519.25. Speculation had been rife last year that such a deal would occur, especially with Google's increasing dominance. (Microsoft is the publisher of MSN Money.)
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Rises as gladly in the single tree
As in the whole orchards resonant with bees."
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