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Breaking: Microsoft Corporation Rescinds Offer For Yahoo Inc

May 3rd, 2008 at 10:00 pm

Source:Mashable!
After months of contentious deliberation, Microsoft has effectively rescinded its offer to purchase Yahoo Inc. Microsoft’s CEO Steven Ballmer officially delivered a message to Yahoo CEO Jerry Yang stating that “a deal is not to be.”
Ballmer’s indicated in his letter today, in which he explains at length the reasoning for his company’s formal reversal on […]

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