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Tag: HOSTILETAKEOVER

Microsoft Hints at Hostile Takeover of Yahoo

Last week, Microsoft made a massive $44.6 billion offer to purchase Yahoo. The deal valued Yahoo's stock at 66% higher than it was trading for at the time. It was an offer that many considered to be quite fair indeed. Yahoo, however, didn't think so, and yesterday rejected the offer, indicating that the company is worth far more. The ball is now firmly in Microsoft's court, and some are saying ...