[Reuters] Microsoft offered $1 bln for Yahoo search: source

Posted by: UGN Security

[Reuters] Microsoft offered $1 bln for Yahoo search: source - 06/13/08 01:30 PM

SEATTLE/SAN FRANCISCO (Reuters) - Microsoft Corp offered Yahoo Inc $1 billion in cash to buy its search business in a deal that would have delivered $1 billion in additional annual operating income to Yahoo, a source familiar with Microsoft's thinking said on Friday.



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