News Alert! Microsoft Corp. Will Bid $44.6 Billion For Yahoo Inc.

Date: Fri, 1 Feb 2008 06:41:16 -0500

Microsoft Corp. offered to buy search engine operator Yahoo Inc. for
$44.6 billion in cash and stock in a move to boost its competitive edge
in the online services market. Microsoft bid $31 per share for Yahoo,
representing a 62 percent premium to Yahoo's closing stock price
Thursday.