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Microsoft Edges Toward Hostile Bid

Ballmer, still on fence last night, expected to move on Yahoo today

By Rob Quinn,  Newser Staff

Posted May 2, 2008 4:52 AM CDT

(Newser) – Microsoft appears to be edging closer to a hostile bid for Yahoo, the Wall Street Journal reports; an announcement of the company's next move is expected today. Price will be a key factor: CEO Steve Ballmer told employees yesterday he won't pay a "dime...   Read full story »

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