According to foreign media reports, Microsoft announced today that the company has made a bid to the Yahoo! Board of Directors, planning to purchase all of Yahoo!'s issued common stocks at $31 per share, with a total transaction amount of approximately $44.6 billion.
In fact, Microsoft has always wanted to acquire Yahoo!, and since 2006, it has shown a strong desire to do so. There have been multiple contacts between the two parties. However, Yahoo! rejected Microsoft each time, citing that the timing was not right.