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 …
Yahoo! opens R&D center in Israel, inks deal with Walla!
Following Microsoft and Google, Yahoo! (Nasdaq:YHOO) is officially coming to Israel – with a bang. The search engine’s penetration plan has two fronts: opening an R&D center in Haifa and entering the content business through an agreement with Walla! (TASE:WALA), the second largest Israeli portal: offering news & entertainment content, email services and search, making …
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