Microsoft has made an aggressive bid to buy struggling behemoth, in hopes that the combined forces would create a formidable competitor Google
| The offer leaves the decision in the hands of Yahoo's board. In making the unsolicited public acquisition offer, MS is hoping to force Yahoo's investors to support the deal as they bemoan a slumping share price. The surprise offer of $31 per share seizes on Yahoo's weakness while Microsoft tries to muscle up in a high-stakes battle with Google likely to define the technology for years to come.
Yahoo said it will 'carefully and promptly' study the bid
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