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+4 [4 votes]
In not so surprising move, Microsoft bids for Yahoo with $44.6 billion in cash and stock to stay competitive against Google. Microsoft’s Live.com has not been very successful in capturing more online services market share. By buying out Yahoo, it will allow Microsoft to stay in the game, at least for now. Microsoft bid $31 per share for Yahoo. We’ll keep you updated on the development of this story.
[via yahoo]
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