The ‘net is ablaze after the announcement that MSFT is to consume YHOO at a 61% premium on a cash & share unfinanced basis. This will generate considerable interest for the continued war on the GOOG.
In principle, this seems like a sensible aggregation strategy for Microsoft. Yahoo are bleeding right now, they shed jobs and there is a general sense that the company was wracked by doubt. The question is whether Redmond can really be their knight?
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