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YHOO

Daily Commentary

Fallout Begins from MSFT and YHOO

Bycjrosen May 5, 2008

Microsoft officially withdrew its offer to acquire Yahoo, after Yahoo continued to hold out for a higher offer.  The fall-out from this decision has already begun. AP Business writer Michael Liedtke reported Yahoo (YHOO) stock plunged 15% this morning, yet it is recovering some of its gains. “The sell-off wiped out nearly half the gain…

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