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Yahoo income fell

Discussion in 'General Discussions and Lounge' started by temi, Jul 23, 2008.

  1. temi

    temi Facilitator Webmaster

    Internet company Yahoo has reported worse-than-expected results for a three-month period in which it fought off a takeover approach from Microsoft.
    Net income fell 18.6% to $131m (£65.8m) in the three months to the end of June.
    Microsoft offered $31 a share for Yahoo in February but Yahoo has said it will only consider an offer of $37 a share.

    source: bbc

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