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April 30, 2008

Now Yahoo is worth more to Microsoft

Filed under: General — Kyle M Brown @ 8:40 pm

Microsoft has decided that it is willing to increase its original offer of $31 per share to $33 per share for Yahoo according to the Wall Street Journal.

Microsoft this week indicated a willingness to raise its bid to as much as $33 per Yahoo share, attempting to avoid the hostile takeover battle Mr. Ballmer had threatened, according to people with knowledge of the situation.

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