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Yahoo! explains MS rebuff to shareholders
Stephen Withers
Friday, 15 February 2008 01:48
Page 2 of 2
That sounds to me like an admission that the company has made some mistakes coupled with a claim that the actions it has taken to correct them will result in things getting better.According to some reports, Yahoo! is talking to News Corporation about a deal that would involve combining MySpace with Yahoo! properties, plus a NewsCorp investment in Yahoo!
Yahoo! shares closed on February 14 at $US29.98, still below Microsoft's $US31 offer.
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