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Ballmer: Yahoo! Move Soon, but Not Today
05/01/08 - 02:04 PM EDT
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Microsoft bid $31 a share, or $44.6 billion, for Yahoo! in March. The value of that cash-and-stock offer has fallen with the decline in the price of Microsoft shares. The offer was considered a 62% premium to Yahoo!'s prior price. Yahoo! has also sought a relationship with Time Warner'sTWX AOL division as an alternative to a merger with Microsoft.
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