Breaking: MSFT makes unsolicited bid to buy YHOO for $44.6 Billion in cash and stock

Microsoft offers an acquisition of Yahoo! for $31 a share, totaling in an equity value of $44.6 Billion . Microsoft’s proposal represents a 62% premium to Yahoo’s current trading price, but will Yahoo take it? Yahoo has been struggling recently – the stock declined 38% and plans were made to lay off 1000 employees. From …

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