Sunday, January 29, 2023 | Back issues
Courthouse News Service Courthouse News Service

Microsoft Offers $44.6 Billion For Yahoo!

SAN FRANCISCO - Microsoft has offered to buy Yahoo! for $31 a share, or $44.6 billion. Microsoft's offer is 62 percent over Yahoo!'s Thursday closing price of $19.18 - down from $475 in January 2000, but up from $4 in September 2001.The combined company would be in a stronger position to compete with Google for Internet services and ad dollars, but surely will alarm antitrust watchdogs.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading
Loading...