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Yahoo running out of time again Microsoft bid

Discussion in 'General Discussions and Lounge' started by temi, Mar 13, 2008.

  1. temi

    temi Facilitator Webmaster

    Microsoft’s unfriendly, slow-motion effort to take over Yahoo may ironically be riskiest for the pioneering Internet company.
    Yahoo chief Jerry Yang hasn’t yet pulled an ace out of his pocket to get a higher bid than Microsoft’s. Meanwhile, Yang’s problems are mounting. At least seven shareholder groups have filed suits against Yahoo for shunning Microsoft’s $44.6 billion offer, which works out to $31 a share.

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