Microsoft offers $31/share for Yahoo!
I remember when Guy Kawasaki turned down being the CEO of Yahoo because he didn't see how a search engine could make money. Now Microsoft is offering $44.6 Billion in cash or stock. Payable per stockholder.
This offer comes on the heels of the purchase of Audible by Amazon. Of course there are many companies that could offer $44.6 Billion in cash. After all how many companies besides MS and Google could even put their hands on that kind of money.
I wonder how that would affect Apple's agreement with Yahoo's mail service.
Read the text of the full letter from Steve Ballmer as part of the article here.
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