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7:12 AM EDT, May 4, 2008

Breaking: Microsoft Withdraws Yahoo Bid; Walks Away From Deal (Updated) (from Michael Arrington)

Posted At NewsGang
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Microsoft will announce shortly that they have withdrawn their offer to acquire Yahoo. Talks between the two companies and their advisors broke down earlier today, according to a source close to Microsoft, after a failure to come to agreement on pric [continue reading]

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