Microsoft Offering to Buy Yahoo!

REDMOND, WA (KAIT) - According to CNN, Microsoft has offered to buy Yahoo! Inc. for $44.6 billion dollars in cash and stock.

Microsoft had a global annual revenue of $51.12 billion in 2007 and employees 79,000 people.  It has engineered such creations as the Windows operating system, the Xbox, Xbox 360, Zune and MSN TV.  The official company website is the 18th most visited website on the internet.

Yahoo, however, is the most visited and viewed website on the internet, utilizing powerful search engine features and free email accounts.