Yahoo offlate has been in troubled waters where in there shares have lost 30% of their value over the last one year.They also decieded to lay off around 1000 employess.
Now they have found an interested partner in the form of Microsoft who beleive that MS & yahoo as such would be the right combination to deliver maximum value to the share holders.
Microsfot's $31 a share offers a 62 percent premium for shareholders.
This acquisition if successfull would create a ruckos in the field of online advertising, currently worth $40 billion and expected to grow to $80 billion in next three years .
Google was early to understand the power of Internet , MS though late on this , is trying to catch up pace with this acquisition..
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