The “Robert moves from Flickr to Picasa” countdown starts…now.
NEW YORK, Feb 1 (Reuters) - Microsoft Corp. said on Friday that it had offered to acquire Yahoo Inc. in a proposed cash and stock deal valued at $44.6 billion.
Microsoft said that it had offered to buy Yahoo for $31 per share, which it said represented a 62 percent premium above the company’s closing stock price on Nasdaq on Thursday.
UPDATE — crap, I forgot del.ico.us is a Yahoo property, too. Blar.
UPDATE 2 — Yahoo’s board rejected the offer, but Microsoft is determined. Google weighed in on the hypothetical deal. To be continued.
