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Microsoft wants to purchase Yahoo
Feb 01, 2008 14:52:43 GMT Microsoft offers to buy the search engine company Yahoo for $44.6bn in cash and shares.
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They were some $10.6 BILLION short on the bid. Honestly, I think companies short bid like this in order to strike a frenzy on the stock markets. People hear news then jump in buying more stock and not selling anything. Funny how this came in just before the 1st quarter reports.
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