February 1, 2008 at 7:31am

Such a deal has long been speculated about because of Yahoo’s sagging prospects. This morning Microsoft made it a reality by offering $44.6 billion ($31 a share) for Yahoo! That’s more than a 60 percent premium over Yahoo’s closing price Thursday.

Henry Blodgett over at Silicon Alley Insider calls it a “brilliant” move by Microsoft.

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The two companies currently share a strong direct link. Maggie Wilderotter, a member of the Yahoo! board of directors, is a former senior vice president at Microsoft.

She is chairman and CEO of Citizens Communications and a director for Xerox and Tribune Co.

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#1. WeCanChangeTheWorld 02.01.2008

Great, just in time to make my skeletal muckety social network map of the Big Eight media corporations interlinking directorships outdated. http://wecanchangetheworld.wordpress.com/2008/01/31/the-8-mega-media-corporations-sony-added-in-as-a-bonus-makes-9-skeletally-mapped-on-muckety/

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Microsoft offers $44.6 billion for Yahoo!

By Gary Jacobson

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