Microsoft withdrew its offer for Yahoo Inc on Saturday as negotiations fell through on price, even after the software giant raised its bid by about $5 billion to $47.5 billion. Microsoft Chief Executive Steve Ballmer...

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Microsoft Gives Yahoo Deadline

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In a letter addressed to Yahoo's board of directors, Microsoft CEO Steve Ballmer has given Yahoo three weeks to accept Microsoft Corp's $31-a-share cash-and-stock offer. "If we have not concluded an agreement within the next...

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Yahoo Inc.'s board will reject Microsoft Corp.'s $44.6 billion takeover bid after concluding the unsolicited offer undervalues the slumping Internet pioneer, according to a person familiar with the situation. The decision could provoke a showdown...

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