Microsoft makes colossal bid for Yahoo in wake of chairman's departure 30.11.1999 / BetaNews.Com Confirming that his company had indeed been in discussions with Yahoo's senior management about a possible takeover throughout the last 18 months, Microsoft CEO Steve Ballmer revealed this morning he has personally placed an offer to Yahoo's board of directors, proposing a takeover whose value it estimates at $44.6 billion.
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