Microsoft Proposes Acquisition of Yahoo! for $31 per Share

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Microsoft Corp. (NASDAQ:MSFT) today announced that it has made a proposal to the Yahoo! Inc. (NASDAQ:YHOO) Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion.

Microsoft’s proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer represents a 62 percent premium above the closing price of Yahoo! common stock on Jan. 31, 2008.

You can find here the letter that Microsoft sent to Yahoo!’s Board of Directors.

Besides, here are 2 interesting points of view regarding the possible deal between the two giants, one is pro one is con.

1. Analysis: Microsoft could, but shouldn't buy Yahoo

2. 5 Reasons Why Microsoft Will Buy Yahoo!

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