Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.'s dominance of the lucrative online search and advertising markets. The Justice Department says it is interested in reviewing antitrust issues associated with it.
The surprise offer of $31 per share, made late Thursday and announced Friday, seizes on Yahoo's weakness while Microsoft tries to muscle up in a high-stakes battle with Google likely to define the technology landscape for years to come. via.
Wow. You think it's just another day in the frozen wasteland and then someone offers someone $44.6 BILLION for their company.
Of course, the Someones are not just Anyones.
This is getting interesting.
This story caught my eye, too. A couple of years ago we were all concerned when Yahoo! bought Flickr and we wondered what would happen to that site. Now the big M is buying Yahoo! What will this mean?
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