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Updated:  More than two weeks ago.

1 Feb 2008

What Happens When MSFT Announces YHOO Bid

7:43 PM EST

Your stock drops 10%.

Microsoft Corp. today announced that it has made a proposal to the Yahoo! Inc. Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion.

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