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Friday, February 1, 2008

Microsoft Bids $44 Billion for Yahoo


Microsoft announced that they are going to bid $44.6 billion dollars to buy Yahoo!. Steve Ballmer said, "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." Mr. Ballmer is the CEO Microsoft. It was offered in a response to Google's threat.

We will watch and see what Yahoo!'s response is.


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