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Microsoft Buying Yammer for $1.2B

Facebook-like startup offers social networking for the business world

By the Associated Press

Posted Jun 25, 2012 3:44 PM CDT

(AP) – Microsoft is paying $1.2 billion to buy Yammer, an Internet startup that has built a social network similar to Facebook for the business world. The deal announced today comes nearly two weeks after word of Microsoft's negotiations with Yammer first leaked out in...   Read full story »

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