Microhoo or Yacrosoft?

The world's top software company could boost its online presence dramatically if Yahoo accepts a
$44.6 billion bid to be purchased, and it could be the biggest Internet deal since the $182 billion AOL buyout of Time Warner in 2001.
Microsoft, the world’s largest software company, said it offered $31 per share for Yahoo, or a 62 per cent premium over the Internet media company’s closing stock price on Nasdaq on Thursday.
Microsoft chief executive officer Steve Ballmer said in a statement that “We have great respect for Yahoo, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market,”
Speculation over a Microsoft move on Yahoo has swirled for at least a year, as investors wondered whether the two would seek a joint stand against an ever more powerful Google as Google has grown faster than Microsoft in every quarter since 2004 when the search engine company came out with its initial public offering — a fact that rankles in Redmond, Microsoft’s headquarters.
With online advertising projected to grow to $80 billion by 2010, Microsoft can grab a larger slice of that pie if it can pull in Yahoo, which ranks as the world's heaviest trafficked web property.

Source : The Telegraph , Webpronews