Microsoft to buy Yahoo for $31/share

[tonyfloyd]

Microsoft to Pay $31 Per Share for Yahoo, Totaling $44.6 Billion in Cash and Stock

REDMOND, Wash. (AP) -- Microsoft Corp. offered to buy search engine operator Yahoo Inc. for $44.6 billion in cash and stock in a move to boost its competitive edge in the online services market.

Microsoft bid $31 per share for Yahoo, representing a 62 percent premium to Yahoo's closing stock price Thursday.

http://money.cnn.com/2008/02/01/technology/microsoft_yahoo/index.htm?cnn=yes

now what?..any thoughts??

 

[Leading Names]

Interesting. Someone predicted this in another thread yesterday – congrats to whoever that was.

- Rob

 

[DomainsInc]

Where did you get this from? I still have my doubts as to it actually happening.

 

[tonyfloyd]

CNN....I just added link.....i think Yahoo gives in this time.....

 

[DomainBuyer2007]

So Windose agent is assuming control in the Matrix?

Thanks for the news Tony.

 

[tonyfloyd]

So Windose agent is assuming control in the Matrix?

Thanks for the news Tony.

What do u mean by that?

 

[denny007]

Now is upto major shareholders if they accept it or not
http://finance.yahoo.com/q/mh?s=YHOO

 

[draggar]

Now is the time to buy Yahoo stock?

 

[namestrands]

I mentioned this in another thread that it was on the cards after Yahoo shedding off those extra staff. In my experience, companies tend to get rid of dead weight in order to make it look more attractive to potential buyers.

I only wish I bought more shares :-(

Despite the offer, it really is an unknown and I don't for one second believe that Microsoft were the only offer. In come the anti-competitive lawyers.

Will it be a good thing? Lets hope so.

 

[simon]

interesting

 

[denny007]

Will it be a good thing? Lets hope so.

It can NOT get worse with Google beeing practically monopoly in PPC

 

[draggar]

BTW - now to see if Google wants to buy Sprint.

 

[stuff]

It can NOT get worse with Google beeing practically monopoly in PPC

It could, when yahoo/ms turn off domain monatization

 

[DomainBuyer2007]

It means that Microsoft (Windose OS parent company) is getting serious. Though they can't beat Google at the moment in advertisements. Smart move, I'd say.

 

[namestrands]

I think this will turn into a bidding war. $40Billion is nothing to be sniffed at for any organisation. Recent mergers and investments have been fuelling the American economy and talks of another bubble... Google would of been better off saving their money for this one instead of making investments in HIGHLY overinflated companies like facebook.

 

[domain newbie]

why then yahoo shares dropped??

 

[draggar]

why then yahoo shares dropped??

The news broke out an hour ago, it could have dropped yesterday before the news.

Pre-market trading, $30 a share now.

 

[domain newbie]

The news broke out an hour ago, it could have dropped yesterday before the news.

Pre-market trading, $30 a share now.

:?:

http://finance.google.com/finance?q=yhoo

 

[Poker]

It's an offer, it's not a done deal.

 

[denny007]

:?:
http://finance.google.com/finance?q=yhoo

Market still closed
http://finance.yahoo.com/q?d=t&s=YHOO
"Pre-Market: 29.43 Up 10.25 (53.44%) as of 8:30AM ET on 02/01/08"