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gadgets | Kris Smith has read these articles about "gadgets" | www.croncast.com

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Microsoft + Yahoo = Microhoo - February 1, 2008

Microsoft has offered to buy Yahoo for $44.6 billion, a 62% premium over Yahoo's Thursday stock price. Microsoft has $20 billion or so in cash and, in 2007, brought in $17 billion in net income. This is a huge offer from a position of strength. It's reminiscent of IBM's 1995 takeover of Lotus Development. Yahoo won't have much luck resisting, and it's doubtful any other company could muster the money to outmaneuver Microsoft. (In a little historical twist, top Microsoft exec Ray Ozzie was at...
http://feeds.portfolio.com/~r/portfolio/thetechobserver/~3/227263762/microsoft--yahoo--mic...
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