After around a year of speculation Microsoft Corp. has finally made its intentions clear.
The Microsoft Corp. has offered to buy Yahoo Inc. for a whopping $44.6 billion. This move comes after a lot of anticipation in the last two years. This move is aimed at an attempt to compete with Google Inc.
Yahoo has struggled to compete with Google for online advertising revenue for long. This was quite evident from the fact that Yahoo has lost 40% of its share’s value. The two companies have previously talked about merging in 2006 and 2007. But Yahoo had declined the offer then.
Microsoft has lagged behind Yahoo and Google in the Internet search Domain. But things look brighter for Microsoft in the future.
The Microsoft Corp. has offered to buy Yahoo Inc. for a whopping $44.6 billion. This move comes after a lot of anticipation in the last two years. This move is aimed at an attempt to compete with Google Inc.
Yahoo has struggled to compete with Google for online advertising revenue for long. This was quite evident from the fact that Yahoo has lost 40% of its share’s value. The two companies have previously talked about merging in 2006 and 2007. But Yahoo had declined the offer then.
Microsoft has lagged behind Yahoo and Google in the Internet search Domain. But things look brighter for Microsoft in the future.
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