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Sunday, January 27, 2008

Can Microsoft Break Google's Monopoly buy Merging with Yahoo for $44.6 billion?

This is too shocking a news for me. Microsoft Corp has made an unsolicited offer to buy Yahoo Inc for $44.6 billion in cash and stock, seeking to join forces against Google Inc in what would be the biggest Internet deal since the Time Warner-AOL merger. And still what they are getting is, 16 percent share of worldwide web search market.

In its boldest-ever acquisition move, Microsoft said on Friday it offered $31 per share for Yahoo, or a 62 percent premium over the Internet media company's closing stock price on Nasdaq Thursday. Yahoo, whose shares jumped to $30.75 in premarket trading, said it would evaluate the bid

Though it's a good strategy, not good for internet, and the power will be centred with two big shots, Microsoft and Google. And you are seeing some of the effects from Google already, they being the monopoly in Internet world.

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