Yahoo! Insider – Microsoft Raise The Bid To 50B

February 16, 2008 at 11:51 am | Posted in Tech | Leave a comment

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In a letter to his shareholders, Yahoo! CEO Jerry Yang rejected Microsoft’s initial acquisition bid… stated that Microsoft’s Feb. 1, $44.6 billion unsolicited takeover offer was too low. A leak from Yahoo! Insider, Microsoft is going to raise the bid to 50B in two weeks.

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