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Microsoft Retracts Yahoo Offer

CEO Steven Ballmer refuses to pay $37 per share

By Neal Colgrass,  Newser Staff

Posted May 3, 2008 7:42 PM CDT

(Newser) – Microsoft withdrew its latest offer to buy Yahoo today after the companies' chief execs haggled over price at a Seattle meeting, the New York Times reports. Microsoft CEO Steven Ballmer offered $33 per share, but Yahoo's Jerry Yang wanted $4 per share more in the...   Read full story »

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