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Is the Yahoo deal done yet? The stock market thinks so, slicing Yahoo’s financial value by 15% in the last two trading sessions. If the deal were still alive, then the stock would be moving the other way around. Yahoo’s chief Jerry Yang says the $37-per-share demand wasn’t etched in stone but...
Read More | 5 Days Ago
Okay, let the finger-pointing begin. Should Microsoft CEO Steve Ballmer take the heat for the proposed Microsoft-Yahoo merger falling apart? After all, didn't he say that Microsoft wouldn't raise its $45.7 billion bid for Yahoo, then weeks later, say he'd raise the bid, from $31 per share to $33...
Read More | 6 Days Ago
Despite insisting that its proposed acquisition of Yahoo! "made sense for Microsoft, Yahoo! and the market as a whole" Steve Ballmer, Microsoft CEO, has admitted defeat and withdrawn its proposal to purchase the Yahoo! business. "Yahoo! has not moved toward accepting our offer. After careful...
Read More | 7 Days Ago
