Wednesday, January 04, 2006

The Rumor Mill: " Microsoft To Buy Yahoo For $80 Billion "

"..there were rumors this past weekend that Microsoft offered $80 billion for Yahoo. Yahoo was said to have rejected the bid as too low. On Tuesday, even though neither party would comment, talk of a potential Yahoo-Microsoft deal of some kind sent Yahoo shares up 4.4 percent. For the record, Microsoft has $40 billion in cash at hand."

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