"Acknowledging it can't beat Internet juggernaut Google Inc. on its own, Microsoft Corp. on Friday lashed its online fortunes to another Web also-ran with an unsolicited $44.6-billion bid for Yahoo Inc.
Microsoft and Yahoo, two of the world's most powerful technology companies, have each spent billions of dollars over the last half-decade trying to catch up to Google in the lucrative search-engine advertising business but still find themselves as far behind as ever.
When Yahoo's stock plunged to a four-year low this week, Microsoft pounced. It had been rebuffed by Yahoo before, but Friday's $31-a-share offer amounted to 62% more than the company's market value, and this time Microsoft publicly announced its intentions. Yahoo said it would consider the offer. "
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