Following a popular and well known strategy in the world of software development, "Dancing Steve" Ballmer announced today (2/1/2008) that M$ will offer $4.6B to purchase Yahoo. M$ "will bid $31 per share, representing a 62 percent premium to Yahoo's closing stock price Thursday," said Steve. Ballmer said that M$ will offer sizeable incentives to key engineers and other employees to stay with the company.<br><br>In other news, Terry Semel announced on Thursday that he is stepping down as Yahoo's non-executive chairman, six months after handing over his CEO title to Yahoo co-founder Jerry Yang. Yang announced that beleagered Yahoo is trimming 1000 jobs.<br><br>Hard to imagine the shareholders will turn this one down. Another company assimilated.<br><br>Who serves his fellows, is of his fellows greatest - Chingachgook (by legend) <br><br>Scout
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Who serves his fellows, is of his fellows greatest - Chingachgook (by legend)
Scout