http://news.bbc.co.uk/2/hi/business/7222114.stm
Quoted from the link above:
Quote: "Microsoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares.
The offer, contained in a letter to Yahoo's board, is 62% above Yahoo's closing share price on Thursday.
Yahoo cut its revenue forecasts earlier this week and said it would have to spend an additional $300m this year trying to revive the company.
It has been struggling in recent years to compete with Google, which has also been a competitor to Microsoft.
"We have great respect for Yahoo, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market," Microsoft chief executive Steve Ballmer said.""
So, what do you think? Since October 2007, Yahoo's shares have fallen by a whopping 46%, maybe Microsoft could breathe some new life into it?
I personally never used Yahoo, and have always favoured Google over it, but Yahoo on it's own stands no chance against Google IMO.
Absolutely crazy,