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Microsoft bids $44 6 billion to buy Yahoo

7 Min Read SAN FRANCISCO/NEW YORK (Reuters) - Microsoft Corp offered to buy Yahoo Inc for $44.6 billion, in a bold bid to transform two ailing Internet businesses into a worthy competitor for market leader Google Inc. In what would be the biggest Internet deal since the ill- fated Time Warner-AOL merger, Microsoft sent a letter to Yahoo’s board on Thursday night to offer $31 per share in cash and stock. The price is a 62 percent premium over Yahoo’s Thursday close, but only about a quarter of what the Internet company was worth at the height of the dotcom bubble in 2000.

Automobile Sales Estimate March 2021- Monthly Sales Estimate- Demand holding strong across segments; 2Ws likely to underperform- 30 March 2021 | कार, बाइक और ट्रैक्टर हुए महंगे, कार में 2 एयरबैग्स का नियम भी हुआ लागू; गाड़ियों की रिकॉर्ड बिक्री का अनुमान

Automobile Sales Estimate March 2021- Monthly Sales Estimate- Demand holding strong across segments; 2Ws likely to underperform- 30 March 2021 | कार, बाइक और ट्रैक्टर हुए महंगे, कार में 2 एयरबैग्स का नियम भी हुआ लागू; गाड़ियों की रिकॉर्ड बिक्री का अनुमान
bhaskar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bhaskar.com Daily Mail and Mail on Sunday newspapers.

CGS-CIMB Research positive on MRCB s NZ foray

An artist s impression of the Aotea Central Over Station Development (OSD) in Auckland City centre. KUALA LUMPUR: CGS-CIMB Equities Research is positive on Malaysian Resources Corp Bhd’s (MRCB) foray into New Zealand with Panuku Development Auckland to undertake a transport-orientated development (TOD) there with a GDV of RM1.3bil. “This is a positive development for its overseas property development venture and one that leverages on the group s experience in TODs in Malaysia, ” it said on Wednesday. CGS-CIMB Research said assuming a five to eight-year development period for the mixed commercial and residential project, it estimates an annual revenue of RM163mil to RM260mil per annum.

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