Microsoft just announced what has been rumored forever: a formal offer for Yahoo. Microsoft's proposal to Yahoo's board of directors represents $31 per share or about $44.6 Billion.
This is huge. Firstly, this has been part of the internet rumour-mill for the best part of absolutely ages. Case in point: 10 Reasons Why Microsoft Will Aquire Yahoo In 2007 which was written December 2006, or What if Microsoft Bought Yahoo? written January 2007. I guess it makes sense because Microsoft's internet presence is something they desperately want to improve to compete with the snarling behemoth that is Google. Yahoo have a lot of great services and communities that could really benefit from the clout of an industry leader like Microsoft. Will the Yahoo board accept the offer? I hope they do so we can start saying "Microsoft!"
Microsoft offers $44.6 Billion for Yahoo!
