Finance / United States
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Microsoft And Yahoo - The Story Continues…
February 2008 | Top StoriesSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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It has only been two weeks since Microsoft made its first approach to buy Yahoo but already the deal is starting to look like it could go the distance. After making the $44.6 billion offer, with half to be paid in cash and the rest paid in shares, Microsoft was rebuffed by Yahoo who felt that the offer "substantially undervalued" the Californian company and was "not in the best interest of [its] shareholders."