Friday, February 1, 2008

Microsoft wants to purchase Yahoo

One of internet giant is going to be acquired by another SW giant MS. Microsoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares.

"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," Microsoft chief executive Steve Ballmer said.

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