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You Know, the AOL-Time Warner Merger Sounded Like a Good Idea at the Time, Too

in News on February 1, 2008 at 12:57 am PT

Google’s relentless success in both search and Internet advertising has finally pushed Microsoft over the edge. The software giant made an unsolicited $44.6 billion cash and stock bid for Yahoo this morning. The offer of $31 a share is a 62% premium over Yahoo’s closing stock price on Thursday.