Microsoft makes bid for Yahoo

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This has casued quite a stir in the office today!

Microsoft Corp. has pounced on slumping Internet icon Yahoo Inc. with an unsolicited takeover offer of $44.6 billion in its boldest bid yet to challenge Google Inc.’s dominance of the lucrative online search and advertising markets.

The offer of $31 per share, made late Thursday and announced Friday

Full details on msnbc