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Yahoo! rejects Microsoft-Icahn proposal

Source: Fresh News 		Please rate this news

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    Yahoo! Inc has rejected a joint proposal from Microsoft Corp and billionaire investor Carl Icahn for a restructuring of the global internet giant, saying the deal was not in the “best interest” of stockholders. “After reviewing the proposal with its legal and financial advisers, Yahoo!’s Board of Directors determined that accepting the proposal is not in [...] ... read more »
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