Offer–described by Yahoo as “unsolicited”–amounts to $31 per share, or a 62 percent premium above its closing stock price Thursday. Microsoft went public Friday with a $44.6 billion cash-and-stock bid to acquire Yahoo. In its response, Yahoo called the Microsoft bid “unsolicited” but did not reject it….

Original post by Gadgets, gizmos, and video games - CNNMoney.com and software by Elliott Back



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