Yahoo Gets Taste of What Happens If Microsoft Pulls Out
Yahoo’s stock is down at least 3% in after-hours trading today after someone close to Microsoft implied to Reuters the software giant might offer up even less than its $31-a-share initial offer. “Worsening market conditions,” you know. Of course, they’ve been worse ever since Microsoft made the offer more than two months ago, so it’s tough to see what has changed very recently.
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