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Yahoo, Microsoft game of chicken continues

Started by staff, April 01, 2008, 05:01:30 PM

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staff

Yahoo, Microsoft game of chicken continues
      


Deal brinksmanship or genuine threat? You be the judge.
The Wall Street Journal and Reuters reported on Tuesday that Microsoft has no intention of raising its bid to buy Yahoo beyond its initial offer of $31 per share in late January. And why would they, given that no credible counter offer has materialized.
Despite Yahoo co-founder Jerry [...]
         

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